In the Solow growthmodel, what are the steady-state

effects of an increase in the savingsrate?

A.

Output per worker increases. Consumption per worker is maximized.

B.

Output per worker decreases. Consumption per worker decreases.

C.

Output per worker increases. Consumption per worker decreases.

D.

Output per worker is maximized. Consumption per worker increases.

What are thesteady-state effects of an increase in the population growthrate?

A.

Output per worker is minimized.

B.

Output per worker is maximized.

C.

Output per worker increases.

D.

Output per worker decreases.

What are thesteady-state effects of an increase in total factorproductivity?

A.

Capital per worker increases. Output per worker increases.

B.

Capital per worker decreases. Output per worker increases.

C.

Capital per worker decreases. Output per worker decreases.

D.

Capital per worker increases. Output per worker decreases.