A Permanent Increase in the Long-Run Growth Rate Would Be $A=c N_{A} A$

question 1

Multiple Choice

A permanent increase in the long-run growth rate would be possible if the economy's production function took the form of

• A) \( A=c N_{A} A \)
• B) \( \Delta A\)= c N_A \(\sqrt{A} \)
• C) \( \Delta A=c A \sqrt{N_{A}} \)
• D) either a, b, or c as long as property rights are protected.
• E) neither a, b, nor c, permanent increases are not possible.