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The Production Function in the Romer Model Is Given by ________

Question 108

Multiple Choice

The production function in the Romer model is given by ________, where gˉ\bar g is ________.


A) yt=Atkt1/3y _ { t } = A _ { t } k _ { t } ^ { 1 / 3 } ; the growth rate of capital
B) y=Aˉ0(1+gˉ) ty = \bar { A } _ { 0 } ( 1 + \bar { g } ) ^ { t } ; the growth rate of knowledge
C) y=Aˉ0(1ˉ) y = \bar { A } _ { 0 } ( 1 - \bar { \ell } ) ; the growth rate of population
D) y=Aˉ0(1ˉ) (1+gˉ) ty = \bar { A } _ { 0 } ( 1 - \bar { \ell } ) ( 1 + \bar { g } ) ^ { t } ; the growth rate of knowledge
E) y=Aˉ0(1ˉ) ty = \bar { A } _ { 0 } ( 1 - \bar { \ell } ) ^ { t } ; the growth rate of population

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