Solved

The Production Function Used in the Solow Model Is:
A) Yt=Aˉ(K1/3+L2/3)Y _ { t } = \bar { A } \left( K ^ { 1 / 3 } + L ^ { 2 / 3 } \right)

Question 78

Multiple Choice

The production function used in the Solow model is:


A) Yt=Aˉ(K1/3+L2/3) Y _ { t } = \bar { A } \left( K ^ { 1 / 3 } + L ^ { 2 / 3 } \right)
B) Yt=AˉKt2/3Lt2/3Y _ { t } = \bar { A } K _ { t } ^ { 2 / 3 } L _ { t } ^ { 2 / 3 }
C) Yt=AˉKt1/3Lt2/3Y _ { t } = \bar { A } K _ { t } ^ { 1 / 3 } L _ { t } ^ { 2 / 3 }
D) Yt=Aˉ(1/3) Kt×(2/3) LtY _ { t } = \bar { A } ( 1 / 3 ) K _ { t } \times ( 2 / 3 ) L _ { t }
E) Yt=Aˉ(1/3) Kt+(2/3) LtY _ { t } = \bar { A } ( 1 / 3 ) K _ { t } + ( 2 / 3 ) L _ { t }

Correct Answer:

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