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Answer the multiple choice question on the picture QUESTION 7 Which of the following statements is CORRECT about the steady state of the Solow model?

Answer the multiple choice question on the picture

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QUESTION 7 Which of the following statements is CORRECT about the steady state of the Solow model? a. A higher depreciation rate of capital increases output per worker in the steady state. O b. A higher saving rate lowers output per worker in the steady state. O c. A higher population growth rate lowers consumption per worker in the steady state. d. A higher productivity lowers capital per worker in the steady state

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