Suppose xt = (1.04)t and yt = (1.02)t. Calculate the growth rate of zt in each of

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Suppose xt = (1.04)t and yt = (1.02)t. Calculate the growth rate of zt in each of the following cases:
(a) z = xy
(b) z = x/y
(c) z = y/x
(d) z = x1/2y1/2
(e) z = (x/y)2
(f) z = x-1/3y2/3

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:24 AM

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Suppose xt = (1.04)t and yt = (1.02)t. Calculate the growth rate of zt in each of

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Macroeconomics

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