Situation exists for an economy

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Reference no: EM131386656

Suppose the following situation exists for an economy: Kt+1/N = Kt/N. Given this information, we know with certainty that

investment per worker equals depreciation per worker in period t.

saving per worker is less than depreciation per worker in period t.

the economy is operating at the golden rule equilibrium in period t.

saving per worker is greater than depreciation per worker in period t.

Reference no: EM131386656

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