04.4 'I Point Following an increase in TFP, output per worker growth temporarily declines. 0 True 0 False O4 Solow Model with Exogenous Growth 4 Points Use the Solow model with exogenous growth to answerthe following. 04.1 'I Point Following a reduction in the population growth rate, output per worker growth temporarily increases. 0 True 6} False Save Answer Last saved on Sep D7 at 5:56 PM 04.2 'I Point The golden rule rate of saving is the rate of saving that maximizes steady state output per effective worker. 0 True 0 False Save An swer 04.3 'I Point The only way to increase the longrun growth rate of output per worker is to increase the growth rate of labor efficiency. 0 True 0 False Save An swer 05 Population and Growth 3 Points Suppose that a sudden wave of immigration rapidly increases the population [and therefore also the labor force} in a given year, but that the population growth rate in subsequent years is unchanged. Answer the following. 05.1 '| Point According to the Solow model with exogenous growth, as a result of the onetime immigration wave: 0 the longrun growth rate of output per worker will be lower. 0 the longrun growth rate of output per worker will be higher. 0 the longrun growth rate of output per worker will be unchanged. 05.2 '| Point According to the Solow model with exogenous growth, as a result of the onetime immigration wave: 0 the longrun growth rate of total output will be lower. 0 the longrun growth rate of total output will be higher. 0 the longrun growth rate of total output will be unchanged. 05.3 '| Point According to the Solow model with exogenous growth, as a result of the onetime immigration wave, relative to the prepopulation path: 0 the longrun level of output per worker will be lower. 0 the longrun level of output per worker will be higher. 0 the longrun level of output per worker will be unchanged