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In the Combined Solow-Romer Model, the Growth Rate of Total Yt=AtKtaLyt1aY _ { t } = A _ { t } K _ { t } ^ { a } L _ { y t } ^ { 1 - a }

Question 95

Multiple Choice

In the combined Solow-Romer model, the growth rate of total output, using the production function Yt=AtKtaLyt1aY _ { t } = A _ { t } K _ { t } ^ { a } L _ { y t } ^ { 1 - a } is given as:


A) gY=gA+agKg _ { Y } = g _ { A } + a g _ { K }
B) gY=gAg _ { Y } = g _ { A }
C) gY=gA+agK+(1a) gLYg _ { Y } = g _ { A } + a g _ { K } + ( 1 - a ) g _ { L Y }
D) gY=gA+gK+gLYg _ { Y } = g _ { A } + g _ { K } + g _ { L Y }
E) gY=gA×agK×(1a) gLYg _ { Y } = g _ { A } \times a g _ { K } \times ( 1 - a ) g _ { L Y }

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