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

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Q2) Growth Rates I
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 )®
d. y = (kn )P / (1/ z )'-B
Transcribed Image Text:Q2) Growth Rates I 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 )® d. y = (kn )P / (1/ z )'-B
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