Question: Assume that output is produced using the Cobb - Douglas production function: Y = K ^ ( a ) * ( AL ) ^ (

Assume that output is produced using the Cobb-Douglas production function: Y = K^(a)*(AL)^(1-a), with A growing at a rate g, L growing at a rate n, and that the economy is at a stable steady state. Where "^" denotes power: K^(a) is K in the power of a, L^(1-a) is L in the power of 1-a Which of the following is correct (you can pick more than one answers): At the steady state capital per worker and output per worker will not grow At the steady state capital will grow at a rate n At the steady state output will grow at a rate n At the steady state capital will grow at a rate n+g At the steady state output will grow at a rate n+g At the steady state capital per worker and output per worker will grow at a rate g

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