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Munze Munze
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Posts: 996
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7 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 output per worker ratio (K/N) is
A) constant.
B) growing at a rate of gA - gN.
C) growing at a rate of gN.
D) growing at a rate of gA.
E) growing at a rate of δ + gA + gN.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 57 times
1 Reply
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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7 years ago
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Munze Author
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7 years ago
this is exactly what I needed
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Yesterday
Thanks for your help!!
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2 hours ago
You make an excellent tutor!
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