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Answer :
The steady-state investment per worker is positively related to capital per worker because the higher the capital, the more investment is required to replace depreciated capital. Option A is correct answer.
The statement is true, and the reason for this positive relationship between steady-state investment per worker and capital per worker can be explained as follows,
When an economy has a higher level of capital per worker, it generally means that the economy has already invested more in capital goods per worker in the past. This investment has resulted in a higher level of productivity per worker, which has contributed to higher economic output and a higher standard of living.
Therefore, option A is the correct answer. Option B is incorrect because higher levels of capital per worker imply a need for more investment per worker, not less. Option C is incorrect because the capital depreciation rate is independent of the level of capital per worker.
Option D is incorrect because the amount of resources available for investment is not necessarily related to the level of capital per worker.
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