Assume an endogenous growth model with labor augmenting technology.The production function is Y = F(K,AN) with A = 2(K/N), so y = 2k.If the savings rate is s = 0.05 and there is neither population growth nor depreciation of capital, what is the growth rate of output?
A)0%
B)2)5%
C)5%
D)10%
E)it cannot be determined

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The Answer of Assume an endogenous growth model with labor augmenting technology.The production function is Y = F(K,AN) with A = 2(K/N), so y = 2k.If the savings rate is s = 0.05 and there is neither population growth nor depreciation of capital, what is the growth rate of output?
A)0%
B)2)5%
C)5%
D)10%
E)it cannot be determined

Assume an Endogenous Growth Model with Labor Augmenting Technology