4. If the capital stock is 2 times annual GDP, depreciation is 8 percent of GDP, and...

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4. If the capital stock is 2 times annual GDP, depreciation is 8 percent of GDP, and capital income is 20 percent of GDP, what is the net marginal product of capital?

a. 2

b. 4

c. 5

d. 6

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 30, 2024 08:00 AM

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4. If the capital stock is 2 times annual GDP, depreciation is 8 percent of GDP, and...

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Macroeconomics

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