# Steady State Rate of Growth (formula)

g = ∆Y/Y = ϑ/(1-α) + n

ϑ = growth rate of total factor production

(1-α) = labor cost in total factor cost

n = labor force growth rate

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g = ∆Y/Y = ϑ/(1-α) + n

ϑ = growth rate of total factor production

(1-α) = labor cost in total factor cost

n = labor force growth rate

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