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In the Romer Model, ________ Is the Resource Constraint K=KˉK = \bar { K }

Question 82

Multiple Choice

In the Romer model, ________ is the resource constraint.


A) K=KˉK = \bar { K } and L=LˉL = \bar { L }
B) Lt=Lyt+LatL _ { t } = L _ { y t } + L _ { a t }
C) At=A _ { t } = \infty
D) Yt=AtKtaLt1αY _ { t } = A _ { t } K _ { t } ^ { a } L _ { t } ^ { 1 - \alpha }
E) There is no resource constraint.

Correct Answer:

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