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# 17. Assume an endogenous growth model with labor augmenting technology. The production function is Y = F(K,AN), where A = 2(K/N) such that y = 2k. If the savings rate is s = 0.06,

the rate of population growth is n = 0.05, and the rate of depreciation is d = 0.04, then the growth rate of real output per capita isA) 1%B) 3%C) 5%D) 6%E) 9%Uploaded by: asssee

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Accounting, Business