Multiple Choice
Assume a production function is given by . If
And
, the depreciation rate is
, and the saving rate is
, the steady-state level of capital is about:
A) 0.1.
B) 2.5.
C) 1.6.
D) 8.0.
E) 0.6.
Correct Answer:

Verified
Correct Answer:
Verified
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