Which of the following statements hold true when steady state is attained in the Solow Model?
(A). Capital-Labour ratio does not change
(B). Depreciation does not change
(C). Income per capita does not change
(D). Inequality does not change.
Choose the correct answer from the options given below:
1
(A) only.
2
(A) and (B) only.
3
(A) and (C) only.
4
(A) and (D) only.