Question: when taking log of a function , why is A zero? The aggregate production function for a given economy is = ^()^.Suppose = . and
when taking log of a function , why is A zero?
The aggregate production function for a given economy is = ^()^.Suppose = . and = . . If capital and labour grow continuously at 3% and 2% respectively, what growth rate of output should be expected?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
