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answer asap 1. With technical progress, a worker's wage is a. W, b. D, C. W. D; d. w / D 2. With technical progress,

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1. With technical progress, a worker's wage is a. W, b. D, C. W. D; d. w / D 2. With technical progress, the steady state growth rate of worker productivity is a. 0 b. d c. greater than d d. less than d, but positive 3. An increase in which of the following would result in a higher steady state growth rate? a. B b. A c. d d. all of the above 4. With technical progress, the capital-labor ratio in period t is a. B (1-a) Akt 1+8 n(1+d) B (1-Q ) AL b. 1-1 1+8 n(1+d) B (1-a)A C. 1+B n(1+d) 1. [ B (1-a) 4 1-a 1+8 n(1+d) 5. Suppose that an economy's annual steady state growth rate in worker productivity is 2 percent. If each period in the model covers 30 years, then the steady state growth rate for one period in the model is a. 2 percent b. 60 percent c. 80 percent d. 100 percent

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