### Growth without diminishing productivity of capital

##### Reference no: EM13860131

Growth without diminishing productivity of capital suppose that the production function is Y=AK.

a. What is the condition for the growth rate of capital per worker, ?what does the s*(y/k) curve look like?

b. What are the growth rates of capital and output per worker are these growth rates greater than zero? Do these growth rates decline during a transition?

c. discuss how your results relate to diminishing productivity of capital. Is it plausible that diminishing productivity would not apply?

#### Restrict imports of goods that are produced badly paid labor

The United States has taken action to restrict imports of certain Chinese goods, such as toys containing lead and seafood that doesn’t meet health standards, in order to prote

#### How much interest is paid over the life of the loan

What will be the monthly payment on a 30-year, \$250,000 mortgage loan, where the interest rate is 6% per year, compounded monthly? How much interest is paid over the life of t

#### Describe the effects of price floor and price ceiling

Describe the effects of price floor and price ceiling? Does the government play an avctive or passive role in setting price floors and ceilings? Do you think that this helps o

#### Calculate the midpoint price elasticity of demand

Calculate the midpoint price elasticity of demand between \$9 and \$10. Is the demand in this range elastic or inelastic? Calculate the midpoint price elasticity of demand betwe

#### Hypothetical-short-run aggregate demand curve

Should the government use monetary and fiscal policy in an effort to stabilize the economy? The following questions address the issue of how monetary and fiscal policies affec

#### Illustrate what risks do you face upon inquiry at your bank

Illustrate what risks do you face. Upon inquiry at your bank, you find that the forward price for a September contract to buy dollars is 10SKr per dollar. How might you hedg

#### Price discrimination-find the profit-maximizing

Price discrimination: Shooting Star Books is a small publishing company that specializes in science fiction books. Assume that the marginal cost and average variable cost of p

#### Which country has comparative advantage for producing grain

An American worker and German worker can each produce one car per month. An American worker can produce two tons of grain per month, and a German worker can produce one ton of