For the per capita production function y = k 0.5 ; what is the level of capital per capita at steady state assuming depreciation (δ) = 0.1 and rate of saving = 0.4? The rate of growth of population is assumed as 0.

Question

cdquestions Admin · Accepted Answer

The correct answer is (C) : 16

Answer

Answer

Answer

Answer

For the per capita production function y = k^0.5; what is the level of capital per capita at steady state assuming depreciation (δ) = 0.1 and rate of saving = 0.4? The rate of growth of population is assumed as 0.

The Correct Option is C

Solution and Explanation

Top Questions on Depreciation, Reserve & Provision

Questions Asked in CUET PG exam

For the per capita production function y = k0.5; what is the level of capital per capita at steady state assuming depreciation (δ) = 0.1 and rate of saving = 0.4? The rate of growth of population is assumed as 0.

The Correct Option is C

Solution and Explanation

Top Questions on Depreciation, Reserve & Provision

Questions Asked in CUET PG exam

For the per capita production function y = k^0.5; what is the level of capital per capita at steady state assuming depreciation (δ) = 0.1 and rate of saving = 0.4? The rate of growth of population is assumed as 0.