Calculate the growth rate of zt

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Reference no: EM13179727

Suppose xt = (1:05)t and yt = (1:02)t. Calculate the growth rate of zt in each of the following cases:
a) z = xy
b) z = x=y
c) z = y=x
d) z = x^1/2 y^1/2
e) z = (x/y)2
f) z = x^-1/3 y^2/3

Reference no: EM13179727

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