Multiple Choice
In a steady-state economy with a saving rate s, population growth n, and labor-augmenting technological progress g, the formula for the steady-state ratio of capital per effective worker (k*) , in terms of output per effective worker (f(k*) ) , is (denoting the depreciation rate by δ) :
A) sf(k) /(δ + n + g) .
B) s/((f(k) ) ( δ + n + g) ) .
C) f(k) /((s) ( δ + n + g) ) .
D) (s - f(k) ) /( δ + n + g) .
Correct Answer:

Verified
Correct Answer:
Verified
Q11: International data suggest that economies of countries
Q12: Two countries, Highland and Lowland, are described
Q14: English-style legal systems give protections to shareholders
Q17: In the two-sector endogenous growth model, the
Q18: The productivity slowdown that began in the
Q19: In the Solow model with technological progress,
Q54: Increases in the rate of growth of
Q72: Empirical results justify substantial government subsidies to
Q91: If the marginal product of capital net
Q92: The Solow model with population growth and