Answers: 1
Business, 21.06.2019 16:10
(4 points) suppose the production function in the solow model is given by yt = ak¯ 3/4 t l 1/4 t . (a) what are the five equations and five unknowns that summarize the solow model? (b) show the transition dynamics in the solow model if ¯sy0 < ¯dk0. make sure you label the axes, curves, initial level of capital and steady-state level of capital. (c) solve for capital, output, capital per person, and output per person in the steady state. (d) if a¯ = 2, l¯ = 4, ¯s = 0.2, and ¯d = 0.05, calculate the steady-state level of capital and output per person.
Answers: 3
Business, 22.06.2019 09:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 3
Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
Answers: 1
From a supply perspective, the higher the price of a good, the that good will be produced. a. lessb...
Mathematics, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Computers and Technology, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Biology, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Mathematics, 23.03.2021 15:30
Business, 23.03.2021 15:30