Economic Growth II — Work It Out Question 2 In the nation of Wooknam, the capital...

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Production function: F(KIL) = K l capital share = 404 ie a=0.4 n= 0.03 growth in total output 8 = 0.065 a 1/4 = 4.5 (steady DELTA PO NO = R0.6 gold kory gold Мек? gold = 0.095 MPK = 0.4 kob. koot = = 0.095. 0.095 = 0.237. oly gold - 0.237. Sgold :

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