Multiple Choice
Assume we have a simple endogenous growth model where technology is labor augmenting, that is, Y = F(K,AN) , and also proportional to the capital-labor ratio, such that y = ak.In this case, the growth rate of GDP per capita can be expressed by
A) sa + (n + d)
B) sa - (n + d)
C) sa - (n + d) k
D) sa + (n - d) k
E) sk - (n + d) a
Correct Answer:

Verified
Correct Answer:
Verified
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