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    In Rebelo's AK Model, the Parameter α in the Production
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In Rebelo's AK Model, the Parameter α in the Production

Question 3

Question 3

Multiple Choice

In Rebelo's AK model, the parameter α in the production function y = Akα is:


A) α = 1.
B) α < 1.
C) α > 1.
D) 0 < α < 1.

Correct Answer:

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