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In the Solow Model,if F(k)= 2k⁰

Question 56

Multiple Choice

In the Solow model,if f(k) = 2k^0.5,s = 0.25,n = 0.05,and d = 0.2,what is the value of k at equilibrium?

A) 1
B) 2
C) 3
D) 4

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