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In an Economy with Population Growth at Rate N, the Change

Question 31

Multiple Choice

In an economy with population growth at rate n, the change in capital stock per worker is given by the equation:


A) ∆k = sf(k) + δk.
B) ∆k = sf(k) - δk.
C) ∆k = sf(k) + (δ + n) k.
D) ∆k = sf(k) - (δ + n) k.

Correct Answer:

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