An economy has a saving rate of s 08 a depreciation rate of, Microeconomics

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An economy has a saving rate of s 08 a depreciation rate of

Question: An economy has a saving rate of s= .08, a depreciation rate of .02, a population growth rate of n= .03, and a growth rate of effective labor of g= .05.

a. the capital-output ratio, k/y, for this economy is:

b. what is the growth rate for the capital-output ratio K/L?

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Microeconomics: An economy has a saving rate of s 08 a depreciation rate of

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Microeconomics: An economy has a saving rate of s 08 a depreciation rate of

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