With a Per-Worker Production Function Y = K1/2, the Steady-State

question 46

Multiple Choice

With a per-worker production function y = k1/2, the steady-state capital stock per worker (k*) as a function of the saving rate (s) is given by:

• A)k* = (s/δ)2.
• B)k* = (δ/s)2.
• C)k* = s/δ.
• D)k* = δ/s.

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