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Question 12

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The next questions refer to the following.
Consider an economy with the production function The next questions refer to the following. Consider an economy with the production function , a depreciation rate of 5%, a saving and investing rate of 10%, and no labor growth. -In this economy,the steady-state capital stock is A) 1,000 B) 10,000 C) 20,000 D) 40,000 E) 50,000 , a depreciation rate of 5%, a saving and investing rate of 10%, and no labor growth.
-In this economy,the steady-state capital stock is


A) 1,000
B) 10,000
C) 20,000
D) 40,000
E) 50,000

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