Assume a Cobb-Douglas Production Function, Where the Share of Labor

question 1

Multiple Choice

Assume a Cobb-Douglas production function, where the share of labor (N) and capital (K) is each 1/2 and A = 1.If the growth rate of labor is n = 0.06, the rate of depreciation is d = 0.04, and the savings rate is s = 0.2, what is the value of the steady-state capital-labor ratio?

• A)0)5
• B)1
• C)2
• D)4
• E)5

---

Definitions:

Combat Traumas

Psychological distress or disorders resulting from experiences in combat, including PTSD.

Posttraumatic Stress Disorder

An emotional and mental disorder set off by going through or seeing a frightening event, characterized by ongoing nightmares, flashback episodes, and severe anxiousness.

Civilian Trauma

Psychological or physical trauma experienced by civilians, often due to accidents, natural disasters, or violence not related to military conflict.

Sexual Assault

An act in which a person intentionally forces or coerces another person into unwanted sexual activity.