Suppose K Grows at a Rate G¯k = 6 Percent

question 93

Multiple Choice

Suppose k grows at a rate g¯k = 6 percent and k grows at a rate g¯l = 9 percent.If y = k1/3l-4/3,then y grows at:

• A)-6 percent.
• B)5 percent.
• C)6 percent.
• D)-5 percent.
• E)12 percent.

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Definitions:

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