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Function given: Qt=A0Lt^6Kt^4, Lt=L0e^.03t, Kt=K0e^.02t
1. Growth of labor is continuously compounded at 3%
2. Growth of Capital is continuously compounded at 2%
Solve:
1. Derive a formula for the growth of output from year 0 to t?
2. Derive an expression for ln(Qt)
Take a position on the following economic issue in the "yes" or "no" selection, support your position with economic theory and critical thinking skills. ISSUE: Should the Feder
give three example of models show endogenous and exogenous varibles
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