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Other Fields Homework Help Economics Topic started by: johnpaul92 on Jan 30, 2016



Title: If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and
Post by: johnpaul92 on Jan 30, 2016
If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and labor sum to one, and productivity grows 2% in the year, by how much does output grow during the year?
A) 7%
B) 2%
C) 5%
D) 3%


Title: Re: If capital and labor each grow 5% in a year, the elasticities of output with respect to capital
Post by: supaman on Feb 4, 2016
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Title: Re: If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and
Post by: johnpaul92 on Feb 13, 2016
Wow, you answered what I thought was impossible to answer, thank you!


Title: Re: If capital and labor each grow 5% in a year, the elasticities of output with respect to capital and
Post by: supaman on Feb 14, 2016
Glad to be part of your success ;)