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If the production function describing an economy is K0'25L0'75, then the share of output going to labor: (9 C) depends on the quantities of labor and capital. 0 D) depends on the state of technology. 0 A) is 25 percent. 0 B) is 75 percent. If y : 16025, a country saves 20 percent of output each year, and 10 percent of capital depreciates each year, then the steady-stat level of capital per worker would be: In the model of Chapter 3, the supply and demand for goods and services are balanced by: O D) the real interest rate. (Q B) taxes. 0 A) government spending. 0 C) the price level. lfy : k0'25 , the country saves 10 percent of its output each year, and the steady-state level of capital per worker is 4, then the steady-state levels of output per worker and consumption per worker are: 0 B) 2 and 1.3, respectively. @ D) 4 and 3.6, respectively. 0 A) 2 and 1.6, respectively. O 04 and 3.2, respectively