The Formula for the Steady-State Ratio of Capital to Labor

question 2

Multiple Choice

The formula for the steady-state ratio of capital to labor (k*) , with no population growth or technological change, is s:

• A) divided by the depreciation rate.
• B) multiplied by the depreciation rate.
• C) divided by the product of f(k*) and the depreciation rate.
• D) multiplied by f(k*) divided by the depreciation rate.