Solved

In Solow's Model of Economic Growth,suppose That S Represents the Savings

Question 14

Multiple Choice

In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:


A) In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:  A)    B)    C)    D)    E)
B) In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:  A)    B)    C)    D)    E)
C) In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:  A)    B)    C)    D)    E)
D) In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:  A)    B)    C)    D)    E)
E) In Solow's model of economic growth,suppose that s represents the savings rate,z represents total factor productivity,k represents the level of capital per worker,and f(k) represents the per worker production function.Also suppose that n represents the population growth rate and d represents the depreciation rate of capital.The equilibrium level of capital per worker,k*,will satisfy the equation:  A)    B)    C)    D)    E)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions