Question: White, an electrical engineer, goes to work for the ABC Company to design automation circuitry. No patent agreement is required of him. Using company time

White, an electrical engineer, goes to work for the ABC Company to design automation circuitry. No patent agreement is required of him. Using company time and facilities (in part), he develops a new product and makes application for a patent on it. If he obtains a patent, what rights, if any, will the ABC Company have in the product? Question 12 options: a) Since the work was done partly on company time, using company facilities, ABC

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=+ a. The capitaloutput ratio is constant.

=+ e. What must the saving rate be to reach the Golden Rule steady state?

=+ d. What will the capitaloutput ratio be at the Golden Rule steady state? (Hint: For the CobbDouglas production function, the capitaloutput ratio is related to the marginal product of capital.)