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
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A comparison of per-capita GDP in China
Q2: Assume an endogenous growth model with labor
Q3: There is no simple relationship between the
Q4: The neoclassical growth model predicts conditional convergence
Q5: A production function that assumes a diminishing
Q7: Which of the following countries annual growth
Q8: Which of the following was NOT a
Q9: Between 1966 and 1990, all four "Asian
Q10: Between 1966 and 1990 Singapore's GDP per
Q11: The four "Asian Tigers" achieved high economic