Question: Consider the following production function: where both the population and the pool of labor are growing at a rate, the capital stock is depreciating at

Consider the following production function: where both the population and the pool of labor are growing at a rate, the capital stock is depreciating at a rate and A is normalized to 1.

a.What are capital and labor's share of income?

b.What is the form of the production function?

c.Find the steady state values of k and y when s = 0.20.

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