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If We Have an Aggregate Production Function of the Form

Question 6

Multiple Choice

If we have an aggregate production function of the form Y = aK, at what capital-labor ratio can a steady-state equilibrium be reached?


A) k = sa - (n + d)
B) k = sa + (n - d)
C) k = sa/(n + d)
D) k = ay/(n + d)
E) never

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