Customer Service Chat
Get quote & make Payment
growth, Economics, Microeconomics
During a given interval a nation''s overall productivity grows at a compounded rate of 2%. Its population growth rate and degree of labor-force participation do not change over this time span. The nation accumulates new capital at a compounded rate of growth of 1%, and the coefficient governing the proportionate increase in real GDP production in response to a proportionate rise in the amount of capital is equal to 0.3. What is the compound growth rate of real GDP at this time?
Posted Date: 2/1/2012 11:31:26 PM | Location : United States
Ask an Expert
growth, Economics, Assignment Help, Ask Question on growth, Economics, Get Answer, Expert's Help, growth, Economics Discussions
Write discussion on growth, Economics
Your posts are moderated
Write your message here..
What are economies of scale and diseconomies of scale, What are economies o...
What are economies of scale and diseconomies of scale? In economics, returns to scale and economies of scale are terms that are related and sometimes incorrectly used intercha
Economics, What happens when oil eventually runs out?? can''t we just pay ...
What happens when oil eventually runs out?? can''t we just pay doctors and nurses more money?? The unemployed should get off their backsides and get a job??
Determine the price differential, Severe drought hit the coffee industry ha...
Severe drought hit the coffee industry hard this year; as a result, more people are now switching to tea. The first table below shows the original supply and demand quantities in t
Basic calculus technique, Suppose that the total revenue function of a firm...
Suppose that the total revenue function of a firm is given by TR(q) = 120q - 2q^2, where q is the level of output. Find the level of output q that will maximize the firm’s total re
Name the five types of capital, Name the five types of capital. The fiv...
Name the five types of capital. The five types of capital are: natural capital, manufactured capital, human capital, social capital and financial capital.
Using the Keynesian income-expenditure model analyse the imp, any ideas?
A period of transition and improvement, A Period of Transition and Improvem...
A Period of Transition and Improvement: These few years stand out as the golden years for India's BOP. India had a small current account surplus (0.6 per cent of the GDP on an
Rationale in era of globalization, Rationale in era of globalisation: ...
Rationale in era of globalisation: In the present era of globalisation where countries have unprecedented access to international capital flows and where those who have borrow
Structural unemployment, Structural Unemployment: This is unemploymen...
Structural Unemployment: This is unemployment resulting from changes in the pattern of demand for goods and services or changes in technology.These changes may in turn alter
Characteristic of economic laws, can economic laws proved universly
can economic laws proved universly
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.