Question An increase in pollution has caused a permanent increase in the rate of capital depreciation. This would cause: a. an increase in the steady state capital per worker. b. steady state output per worker to fall. c. a decline in steady state consumption per worker. d. capital per worker to be unaffected.

KSREEP The Asker · Economics

An increase in pollution has caused a permanent increase in the rate of capital depreciation. This would cause:

a. an increase in the steady state capital per worker.

b. steady state output per worker to fall.

c. a decline in steady state consumption per worker.

d. capital per worker to be unaffected.

 

Transcribed Image Text: An increase in pollution has caused a permanent increase in the rate of capital depreciation. This would cause: a. an increase in the steady state capital per worker. b. steady state output per worker to fall. c. a decline in steady state consumption per worker. d. capital per worker to be unaffected.
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Transcribed Image Text: An increase in pollution has caused a permanent increase in the rate of capital depreciation. This would cause: a. an increase in the steady state capital per worker. b. steady state output per worker to fall. c. a decline in steady state consumption per worker. d. capital per worker to be unaffected.
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K2IL2B

AnswerOption bb. steady-state output per worker to fallThe increase in the capital depreciation falls the output ... See the full answer