Assume we have a simple endogenous growth model where technology is labor augmenting , that is , Y = F K , AN , and also proportional to the...
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14. Assume we have a simple endogenous growth model where technology is labor augmenting, that is, Y = F(K,AN), and also proportional to the capital-labor ratio, such that y = ak. In this

case, the growth rate of GDP per capita can be expressed byA) sa + (n + d)B) sa - (n + d)C) sa - (n + d)kD) sa + (n - d)kE) sk - (n + d)a
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Uploaded by: asssee

Subject: Accounting, Business

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