True/False
Suppose k,l,and A grow at constant rates given by
,
,and
.The growth rate of y if
is
.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Per capita real GDP is given by
Q23: The birthplace of modern economic growth was
Q48: If x grows at 3 percent and
Q49: Between 1960 and 2000,Burundi was one of
Q50: Economic growth is defined as:<br>A) the percent
Q53: According to the constant growth rate rule,if
Q55: Assume that Mexico's average annual per capita
Q57: Defining per capita GDP in 2003 as
Q90: Assuming the current rate of economic growth
Q92: What are the "stylized facts" of Japan's