Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Suppose the production function is Y =10(K)^1/4 (EL)^3/4 and the capital lasts an average of 10 years. Assume that the rate of growth of population is 4 percent and the rate of technological growth is 2 percent.
a) Derive the equation for the output per effective worker y = Y / EL = f (k) , where k equals the amount of capital per effective worker.b) What is the marginal product of capital (MPK)?c) Calculate the Golden Rule level of capital per effective worker and the saving rate associate with this steady state.d) Calculate all of the following at their Golden Rule levels: Output per effective worker, saving and investment per effective worker, and the consumption per effective worker.
claimed that the accumulation of wealth by capitalists was a small price to pay for the economic expansion from which all Americans benefited.
Elucidate however, was 3 percent in Finland also 1.8 percent in France. From this we can conclude that France's every capita GDP
Illustrate what is the maximum amount you will pay for the new process. Suppose that the new process must pay for itself by the end of the first year.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
Would the worker be better or if, instead of the health insurance, she was given a £100 per week pay increase which would be taxed at 20%.
Which of these types of firms can earn a positive economic profit in the long run.
Calculate the price elasticity of demand for Einstein%u2019s Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins%u2019s Bagels.
Choose a product or service. How does price elasticity of demand for this product or service affect how it is priced? How does the availability of substitutes for this product or service affect price elasticity of demand? What is the difference betw..
Sketch the extensive form of the game, carefully labelling the players that move and the actions they have available
Suppose that you desire to get a lump sum payment of 100,000 two years from now. Rounded to full dollars, how many current dollars will you have to invest today at a 10 percent interest to accomplish your goal?
In an effort to bring inflation down they had set interest rates at 5% in 2018. How should the federal resent react if they desire to bring inflation down to 3%. When will they achieve that goal? (Hint: maintain plenty of decimal places.)
Assuming that the current production rates are maintained at the three assembly plants, which alternative should management select?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd