Suppose K and L Grow at Constant Rates Given By \bar

question 61

Multiple Choice

Suppose k and l grow at constant rates given by $\bar { g } _ { k }$ and $\bar { g } _ { l }$ '
What is the growth rate of y if $y = k ^ { a } / l ^ { ( 1 - a ) } , a > 0 ?$

• A) \(g _ { y } = \bar { g } _ { k } ^ { a } + g _ { l } ( 1 - a )\)
• B) \(g _ { y } = a \left( \bar { g } _ { k } + \bar { g } _ { l } \right)\)
• C) \(g _ { y } = a \bar { g } _ { \ell } + ( 1 - a ) \bar { g } _ { l }\)
• D) \(g _ { y } = a \bar { g } _ { \ell } - ( 1 - a ) \bar { g } _ { l }\)
• E) \(g _ { y } = a \bar { g } _ { k } / ( 1 - a ) \bar { g } _ { l }\)

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Definitions:

Repeatable Operating Pattern

A consistent sequence of operations or actions that can be replicated with the same results each time.

Outputs

The results or signals that come out of a system, device, or program, typically as a response to inputs.

Sequencer

A control function or device that executes a series of events or operations in a predetermined order.