In a Neoclassical Growth Model in Which a One-Time Advance

In a neoclassical growth model in which a one-time advance in technology occurs we could expect

A) the level of saving and investment to increase until a new and higher steady-state capital-labor ratio is reached
B) the level of income per capita to increase but the steady-state growth rate of output to remain unaffected
C) the level of output for any given capital-labor ratio to increase
D) all of the above
E) none of the above

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