Suppose k, l, and A grow at constant rates given by

and
The growth rate of y if
is

Name: Suppose k, l, and A grow at constant rates given by and The growth rate of y if is
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Question

Suppose k, l, and A grow at constant rates given by  
  
and  
The growth rate of y if  
is

Quizplus · Accepted Answer

Since y is a function of k, l, and A, its growth rate will depend on the growth rates of those variables. We are given that the growth rates of k, l, and A are constant, therefore the growth rate of y will also be constant.

Suppose K, L, and a Grow at Constant Rates Given