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If there is a change in preferences within an economy thIt causes the growth Me of the labour force to increase, what forces will move the economy to the new steady state? 0 A. The increase will mean that the sum of depreciation plus labour force growth will now be greater than the rate of investment. and this imbalance will cause the steady-state capital stock per worker and income per worker to both decrease O B. The increIse will mean that the sum of depreciation plus labour force growth will now be greater than the rate of investment, and this imbalInce will cause the steadystate capital stock per worker to decrease while the income per worker will increase. 0 C. The increase will mean that the sum of depreciation plus labour force growth will now be less than the rate of investment, and this imbalance will cause the steady-state capital stock per worker and income per worker to both increase. 0 D. The increase will mean that the sum of depreciation plus labour force growth will now be greater than the rate of investment, and this imbalance will cause the steady-state capital stock per worker and income per worker to both increase. Suppose an economy with the following characteristics is at the steady-state capital stock per worker, It: 2 1.89. Production lunction: k1M Savings rate: 5 = 0.29 0.13 Labourforce growth rIte: n1 = 0.05 a: II Depreciation rate: d If there is a change in preferences that causes the growth rate of the labour force to increase to 6% Ge, n2 = 0.06), this economy's new steady-state capital stock per worker will be |:| (Round to two decimal places as needed.) The steadystate income per worker for this economy, originally at 1.17. will become D (Round to two decimal places as needed.) Click to select your answer(s)