Question
Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s be 0.3 and depreciation, population growth rate, growth rate of technology be 10% each . What is the growth rate of
Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s be 0.3 and depreciation, population growth rate, growth rate of technology be 10% each . What is the growth rate of income per capita.
Choose answer between 51; 0.66; 10%; 0.34
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
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