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Assume a Production Function Is Given by

Question 97

Multiple Choice

Assume a production function is given by Assume a production function is given by . If , the depreciation rate is , and the saving rate is The steady-state level of capital is about: A) 0.3. B) 1.3. C) 2.8. D) 0.8. E) 1.6. . If Assume a production function is given by . If , the depreciation rate is , and the saving rate is The steady-state level of capital is about: A) 0.3. B) 1.3. C) 2.8. D) 0.8. E) 1.6.
, the depreciation rate is Assume a production function is given by . If , the depreciation rate is , and the saving rate is The steady-state level of capital is about: A) 0.3. B) 1.3. C) 2.8. D) 0.8. E) 1.6.
, and the saving rate is Assume a production function is given by . If , the depreciation rate is , and the saving rate is The steady-state level of capital is about: A) 0.3. B) 1.3. C) 2.8. D) 0.8. E) 1.6.
The steady-state level of capital is about:


A) 0.3.
B) 1.3.
C) 2.8.
D) 0.8.
E) 1.6.

Correct Answer:

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