When there is no growth in the labor force nor in the efficiency of labor, the equilibrium condition in the Solow growth model is
A) K/Y = s/ .
B) Y/K = s/ .
C) K/Y = s+ .
D) K/Y = s- .

Question

When there is no growth in the labor force nor in the efficiency of labor, the equilibrium condition in the Solow growth model is
A) K/Y = s/ . 
B) Y/K = s/ . 
C) K/Y = s+ . 
D) K/Y = s- .

Quizplus · Accepted Answer

The Answer of When there is no growth in the labor force nor in the efficiency of labor, the equilibrium condition in the Solow growth model is
A) K/Y = s/ . 
B) Y/K = s/ . 
C) K/Y = s+ . 
D) K/Y = s- .

When There Is No Growth in the Labor Force nor in the Efficiency