Which country should have a higher growth rate

Assignment Help Macroeconomics
Reference no: EM13178977

Suppose that two countries, A and B, have the same rates of investment and depreciation, the same levels of productivity, and the same levels of output per worker. They differ, however, in their rates of population growth. The growth rate of population in Country A is greater than in Country B. According to the Solow model, which country should have a higher growth rate of output per worker?

Reference no: EM13178977

Questions Cloud

What is proportion of products that exhibit edge roughness : If 25% of the blades in the manufacturing are new, 60% are of average sharpness, and 15% are worn, what is the proportion of products that exhibit edge roughness? Round your answer to four decimal places (e.g. 98.7654).
What one thing about the experience made you feel good : what one thing about the experience made you feel good about it? Why? In reflecting on the unpleasant experience, what one thing about the experience made you feel uncomfortable about it? Why? Consider what you do for work on a day-to-day basis. G..
Find the area of the region bounded by the parabola : Find the area of the region bounded by the parabola y = 5x^2, the tangent line to this parabola at (4, 80), and the x-axis.
Find the dimensions of the biggest enlargement : a postcard is 6in by 4in.a printing shop will enlarge it so that the longer side is any length up to 3 ft. find the dimensions of the biggest enlargement.
Which country should have a higher growth rate : The growth rate of population in Country A is greater than in Country B. According to the Solow model, which country should have a higher growth rate of output per worker?
Which is the better deal and why : Note the terms: 0% interest for ? number of years, the instant dollar discount, the retail price of the vehicle, and the interest rate of the loan. Given those figures, which is the better deal and why? Support your answer with calculations.
Which country has higher investment in human capital : Countries A and B have the same rates of investment, population growth, and depreciation. Country A has a higher rate of growth than does Country B. According to the Solow model, which country has higher investment in human capital?
What would be the null hypothesis for a chi-square test : What would be the null hypothesis for a chi-square test for testing if the claim made in the medical journal is indeed true?
Prepare a cost of production report : Prepare a cost of production report, and identify the missing amounts for Work in Process-Roasting Department

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd