With Population Growth at Rate N and Labor-Augmenting Technological Progress

question 96

Multiple Choice

With population growth at rate n and labor-augmenting technological progress at rate g, the Golden Rule steady state requires that the marginal product of capital (MPK) :

• A) net of depreciation be equal to n + g.
• B) net of depreciation be equal to the depreciation rate plus n + g.
• C) plus n be equal to the depreciation rate plus g.
• D) plus g be equal to the depreciation rate plus n.

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Definitions:

Trypsin

An enzyme that digests proteins by cleaving peptides at the carboxyl side of lysine and arginine, essential in digestion.

Peptide

Small sequences of amino acid units connected via peptide (amide) links, essential for various biological roles.

N-Terminus

The end of a protein or polypeptide chain where the amino acid has a free amine group.

Peptide

Short chains of amino acid monomers linked by peptide (amide) bonds, commonly found in biological organisms.