6. Consider the Solow growth model where the production function is Cobb-Douglas with à as the total factor productivity
Posted: Wed Jul 06, 2022 5:54 am
6. Consider the Solow growth model where the production function is Cobb-Douglas with à as the total factor productivity and a as the capital share. The steady-state capital stock per worker is: A. (sÃ/d) B. (sÃ/d)¹+ C. (sÃ/d) D. (8Ã/d)¹-a E. (sÃ/d)a