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Suppose K Grows at a Rate gˉk=6\bar { g } _ { k } = 6

Question 21

Multiple Choice

Suppose k grows at a rate gˉk=6\bar { g } _ { k } = 6 percent and l grows at a rate gˉi=9\bar { g } _ { i} = 9
Percent. If y=k13l43y = k ^ { \frac { 1 } { 3 } } l ^ { - \frac { 4 } { 3 } } ,
Then y grows at:


A) -6 percent
B) 5 percent
C) 6 percent
D) -10 percent
E) 12 percent

Correct Answer:

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