Prove each of the following statements about the steady state of the Solow model with population growth and technological progress.

a. The capital– output ratio is constant.

b. Capital and labor each earn a constant share of an economy’s income. [Hint: Recall the definition MPK= f( k + 1) - f(k).]

c. Total capital income and total labor income both grow at the rate of population growth plus the rate of technological progress, n + g.

d. The real rental price of capital is constant, and the real wage grows at the rate of technological progress g. ( Hint: The real rental price of capital equals total capital income divided by the capital stock, and the real wage equals total labor income divided by the labor force.)

Eager, a tipped employee, reported to his employer that he had received $320 in tips during march. on the next payday, april 4, he was paid his regular salary of $250. the amount of oasdi taxes to withhold from eager’s pay is a. $19.84 b. $15.50 c. $35.34 d. $43.61 e. none of the above. 2 points

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.