If We Have an Aggregate Production Function of the Form

question 6

Multiple Choice

If we have an aggregate production function of the form Y = aK, at what capital-labor ratio can a steady-state equilibrium be reached?

• A)k = sa - (n + d)
• B)k = sa + (n - d)
• C)k = sa/(n + d)
• D)k = ay/(n + d)
• E)never

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