In the Endogenous Growth Model Presented in the Text,suppose That

Multiple Choice

In the endogenous growth model presented in the text,suppose that u represents the fraction of time spent working (as opposed to accumulating human capital) and b represents the efficiency of human capital accumulation.The growth rate of consumption equals

A) u(1 - b) - 1.
B) 1 + b(1 - u) .
C) (1 - b) (1 - u) .
D) b(1 - u) - 1.
E) b(1 - u) 2.