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Express the growth rate of y in terms of growth rates of k, n and z. Assume that B is an arbitrary constant. (HINT: Review and apply the concept of "taking logs and derivates" discussed in class a. y = k8 b. y = k/z c. y = (k/z )8 d. y = (kn )® / ( 1/ z )1-8

Express the growth rate of y in terms of growth rates of k, n and z. Assume that B is an arbitrary constant. (HINT: Review and apply the concept of "taking logs and derivates" discussed in class a. y = k8 b. y = k/z c. y = (k/z )8 d. y = (kn )® / ( 1/ z )1-8

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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**Growth Rates I** **Q2) Growth Rates I** Express the growth rate of \( y \) in terms of growth rates of \( k \), \( n \), and \( z \). Assume that \( \beta \) is an arbitrary constant. *(HINT: Review and apply the concept of “taking logs and derivates” discussed in class)* a. \( y = k^\beta \) b. \( y = k / z \) c. \( y = (k / z)^\beta \) d. \( y = (kn)^\beta / (1 / z)^{1-\beta} \)
Transcribed Image Text:**Growth Rates I** **Q2) Growth Rates I** Express the growth rate of \( y \) in terms of growth rates of \( k \), \( n \), and \( z \). Assume that \( \beta \) is an arbitrary constant. *(HINT: Review and apply the concept of “taking logs and derivates” discussed in class)* a. \( y = k^\beta \) b. \( y = k / z \) c. \( y = (k / z)^\beta \) d. \( y = (kn)^\beta / (1 / z)^{1-\beta} \)
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