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GREYUIT [131]
4 years ago
7

An economy has a Cobb-Douglas production function:Y=K? (LE) 1-?.The economy has a capital share of a half, a saving rate of 24 p

ercent, a depreciation rate of 3 percent, a rate of population growth of 2 percent, and a rate of labor-augmenting technological change of 1 percent. It is in steady state.a. At what rates do total output, output per worker, and output per effective worker grow?b. Solve for capital per effective worker, output per effective worker, and the marginal product of capital.c. Does the economy have more or less capital than at the Golden Rule steady state? How do you know? To achieve the Golden Rule steady state, does the saving rate need to increase or decrease?d. Suppose the change in the saving rate you described in part (c) occurs. During the transition to the Golden Rule steady state, will the growth rate of output per worker be higher or lower than the rate you derived in part (a)? After the economy reaches its new steady state, will the growth rate of output per worker be higher or lower than the rate you derived in part (a)? Explain your answers.

Business
1 answer:
Nina [5.8K]4 years ago
4 0

Find the attachments sequence wise for complete solution

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Create a list of rules to help you collaborate as a team, including expectations about meetings, communication, course work, con
Bumek [7]

Answer:

Ground rules helps a team set a guiding course in achieving their team objectives and goals.

Ground rules helps team members to know what is acceptable and what is frowned at.

<em>Example of grounds rules includes:</em>

<em>Lateness to meeting is unacceptable</em>

<em>Communication must be formal and documented</em>

<em>Conflict resolution must be done and addressed by the leadership of the team</em>

Explanation:

Ground rules helps a team set a guiding course in achieving their team objectives and goals.

Ground rules helps team members to know what is acceptable and what is frowned at.

<em>Example of grounds rules includes:</em>

<em>Lateness to meeting is unacceptable</em>

<em>Communication must be formal and documented</em>

<em>Conflict resolution must be done and addressed by the leadership of the team</em>

7 0
4 years ago
What characteristic of water accounts for the fact that coastal regions do not experience such large temperature variations as l
Advocard [28]

Answer:

Option D; WATER HAS A LARGE HEAT CAPACITY.

Explanation:

Heat capacity is the amount of energy required to raise the temperature of a substance by 1°C. This activity demonstrates that water has a higher heat capacity than water.

A large body of water has a higher heat capacity than land, meaning it takes more energy to warm and cool the temperature of water.

Everyday, the land heats much faster than the sea and every night the land cools faster. When the land heats up, the air above it heats up as well. On the other hand, the ocean heats up and cools down relatively slowly. Therefore, areas near the ocean generally stay cooler during the day and have a more moderate temperature range than inland areas.

The characteristic of water that accounts for the fact that coastal regions do not experience such large temperature variations as landlocked areas is that WATER HAS A LARGE HEAT CAPACITY.

4 0
4 years ago
When would you write a report
ElenaW [278]

Answer:

You write a report when u r being asked.

Explanation:

hope that will help you.

3 0
4 years ago
Mira is shopping for office supplies. she selects the items she needs, but she does not recognize any of the brands of file fold
alexandr1967 [171]

In the given scenario above, Mira’s action towards the brand is an example of brand non-recognition. The brand non-recognition is where consumers were not able to identify or recognize the brand of the product of which Mira demonstrates in the scenario above.

7 0
3 years ago
An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" -
kkurt [141]

Complete Question:

An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under NASAA rules, the investment adviser:

I. is deemed to have taken custody of the customer's funds

II. has not taken custody of the customer's funds

III. must keep a record of the check received

IV. is not required to keep a record of the check received

A. I and III

B. I and IV

C. II and III

D. II and IV

Answer:

C. II and III

Explanation:

In this scenario, an investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under North American Securities Administrators Association (NASAA) rules, the investment adviser has not taken custody of the customer's funds and must keep a record of the check received.

<em>According to NASAA rules, if an investment adviser inadvertently receives a check made out to a third party like it was made out to the "Jones Cleaning Service" in error, provided that the investment adviser mails the check to the third party (customer) within 3 business-working days, then the adviser has not taken custody of the customer's funds. Also, it is required that the investment adviser must keep a record of the check received. </em>

5 0
3 years ago
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