If the population growth rate increases, what might happen to the steady-state level of capital per worker? Group of answer choices Capital per worker will decrease to a lower steady state state. Capital per worker will remain unchanged. Capital per worker will increase to a higher steady state state.

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter19: Economic Growth In Developing Nations
Section: Chapter Questions
Problem 15AA
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If the population growth rate increases, what might happen to the steady-state level of capital per worker?

Group of answer choices
  1. Capital per worker will decrease to a lower steady state state.
  2. Capital per worker will remain unchanged.
  3. Capital per worker will increase to a higher steady state state.
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