Question
Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s change from 0.2 to 0.3 and deperciation, population growth rate, growth rate of technology be 10% each. What is the %
Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s change from 0.2 to 0.3 and deperciation, population growth rate, growth rate of technology be 10% each. What is the % change in the steady state level of effective income per capita.
a. 51.
b. 0.66
c. 1
d. 0.34
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The Economics of Women Men and Work
Authors: Francine D. Blau, Marianne A. Ferber, Anne E. Winkler
7th edition
978-0190670863, 019067086X, 132992817, 978-0132992817
