If the canadian production function is cobb-douglas with


If the Canadian production function is Cobb-Douglas with capital's share in total output 0.3, output growth is 3 percent per year, depreciation is 4 percent per year, and the capital-output ratio is 2.5, what is the saving rate that is consistent with the steady state?

Request for Solution File

Ask an Expert for Answer!!
Econometrics: If the canadian production function is cobb-douglas with
Reference No:- TGS0584095

Expected delivery within 24 Hours