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Igoryamba
3 years ago
15

In an economy with population growth at rate n, the change in capital stock per worker is given by the equation:_______.

Business
1 answer:
Natalija [7]3 years ago
6 0

Answer:

B. Δk = sf(k) – (δ + n)k.

Explanation:

The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.

The equation below gives us the change in capital stock per worker with population growth at rate n;

Δk = sf(k) – (δ + n)k.

Where k: capital stock per worker in period t

s: savings rate

δ: rate of depreciation of capital

n: labor or number of workers

sf(k): savings per capita multiplied by a fraction of income saved.

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Step-by-step explanation:

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In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
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Answer:

I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.

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