Social Studies, 28.04.2021 01:50 shermoisllo3
An economy has the production function f(K) = 107k The current capital stock isk
=100, the depreciation rate is 5 percent, and the population growth rate is 3 percent.
There is no technological progress in the economy. For income per person to grow, the
saving rate must exceed
O 7 percent
O 10 percent
O 9 percent
O 8 percent
Answers: 1
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Answers: 1
An economy has the production function f(K) = 107k The current capital stock isk
=100, the depreci...
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