(1) the rate of depreciation is 8% per year.

(2) the population growth rate is 2% per year, and

(3) the growth rate of technology is 5% per year.

#44The level of investment needed to maintain the capital stock per worker (K/N) constant is

a..12K

b..10K

c..05K

d..07K

#45 The steady state growth rate of output per worker (Y/N) in this economy is ____

a.0.0%

b.7%

c.5%

d.2%