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Munze Munze
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6 years ago
Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that the capital per effective worker ratio (K/NA) is
A) growing at a rate of δ + gA + gN.
B) growing at a rate of gA + gN.
C) growing at a rate of gN.
D) growing at a rate of gA.
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 42 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
wrote...

2 hours ago
Brilliant
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