Business, 25.02.2020 04:55 kekeke68

The expression for total output and the dynamics of capital per worker are given by the following expressions: Y = AKᵃL¹⁻ᵃ Δk = sy - k , where A is the exogenous Solow residual, y is output per worker, and is the depreciation rate of capital.(a) Using the information given above, find the fundamental Solow equation. Find an expression for steady-state capital per worker. (b) What happens to steady-state capital if the depreciation rate goes up? (c) Suppose that this economy consists of two types of households: laborers and capitalists. Capitalists own all the capital stock K and are paid a rental rate equal to the marginal product of capital. Find an expression for their share of national income. (d) Assume that laborers save none of their income. If capitalists save 30% of their income, the parameter α = 0.3, and the parameter δ = 0.1, what is the aggregate saving rate s? Will income inequality between capitalists and laborers worsen over time?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:10

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries

Answers: 1

Answer

Business, 22.06.2019 15:40

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

Answers: 1

Answer

Business, 22.06.2019 15:40

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?

Answers: 1

Answer

Business, 22.06.2019 19:30

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.

Answers: 2

Answer

You know the right answer?

The expression for total output and the dynamics of capital per worker are given by the following ex...

Questions