The equation,ΔY/Y = ΔA/A + a_KΔK/K + a_NΔN/N,is known as A)the production function. B)the Solow model. C)the productivity formula. D)the growth accounting equation.

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The equation given is the growth accounting equation, which decomposes the sources of economic growth into the contributions of technological progress (ΔA/A), capital deepening (a_KΔK/K), and labor input (a_NΔN/N). This equation is used in the Solow model, which is a standard framework in macroeconomics to study long-term economic growth.

The Equation,ΔY/Y = ΔA/A + AKΔK/K + ANΔN/N,is Known as

The Equation,ΔY/Y = ΔA/A + A_KΔK/K + A_NΔN/N,is Known as