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★ѕραndavir ★ѕραndavir
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6 years ago
Given that all countries have the same Cobb-Douglas production function, i.e. Y/N = (K/N)b, where b = 0.5, then a ten-fold difference in per capita income requires a difference in capital per capita by a factor of
A) 10.
B) 100.
C) 1000.
D) 10,000.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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5 years ago
THANKSSSS
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