1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rufina [12.5K]
3 years ago
12

Consider a numerical example using the Solow growth model. Suppose that F(K,N) = K^ 0.5N^ 0.5, with d = 0.1, s = 0.2, n = 0.01,

and z = 1, and take a period to be a year.
(a) Determine capital per worker, income per capita, and consumption per capita in the steady state.
(b) Now, suppose that the economy is initially in the steady state that you calculated in part (a). Then, s increases to 0.4.
i. Determine capital per worker, income per capita, and consumption per capita in each of the 10 years following the increase in the savings rate.
ii. Determine capital per worker, income per capita, and consumption per capita in the new steady state.
iii. Discuss your results; in particular comment on the speed of adjustment to the new steady state after the change in the savings rate, and the paths followed by capital per worker, income per capita, and consumption per capita.

Business
1 answer:
Sliva [168]3 years ago
4 0

Find the solution in the attachments

You might be interested in
An ad for asian sensations newest product line of snack foods encourages its readers to "thai something new." the creatives who
maksim [4K]

The creatives who designed this ad intended its headline to be an attention-getting device. It is defined as having to show an opening statement in which the speaker uses that is to be engaged to the attention of the audience are likely to be capture after the component of the introduction that the speaker has given.

4 0
3 years ago
Alex has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
podryga [215]

Answer and Explanation:

The classification is as follows:

Alex could easily measured that Panaview have the less price - Unit of account as the money represent the measurement of unit of price  

Alex saved $30 per week - Store of value as Alex is saving for use the money in near future  

Alex pays $140 - Medium of exchange. In this alex would pay the money to purchase the Blu-ray

7 0
2 years ago
Effective managers understand the importance of clear communication using different channels to advance the _________ strategy.
algol13

Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

<u></u>

<h3>What is a communication strategy?</h3>

<u></u>

Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.

<u></u>

Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the<u> organizational communication strategy</u>

<u></u>

Learn more about Communication strategy:

brainly.com/question/14426871

#SPJ1

4 0
2 years ago
Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question.
anastassius [24]

Answer: $3,300,000

Explanation:

Accounting formula:

Assets = Equity + Liabilities

Total equity and liabilities on March 31 is:

= Beginning balance - decrease in liabilities + Increase in Equity

= 5,000,000 - 100,000 + 400,000

= $5,300,000

Assets therefore has to be $5,300,000 on the same date.

Assets = New cash balance + Other assets

5,300,000 = (2,200,000 - 200,000) + Other assets

Other assets = 5,300,000 - 2,000,000

= $3,300,000

4 0
3 years ago
Esther lugo has gone for an interview at an advertising firm in manhattan and has been asked to complete a self-report survey to
postnew [5]

These characteristics about Lugo indicate her <u>"personality".</u>


Personality alludes to individual contrasts in characteristic patterns of reasoning, feeling and carrying on. The study of personality centers around two expansive territories:  

One is understanding individual differences specifically personality qualities, for example, amiability or touchiness.  

The other is seeing how the different parts of a man meet up all in all.

6 0
3 years ago
Other questions:
  • Assuming bourne reported $50,000 of nonrecaptured net §1231 losses during years 1–5, what amount of bourne's net §1231 gain for
    7·1 answer
  • Rodriguez and Ying start a partnership on July​ 1, 2019. Rodriguez contributes​ $4,100 cash, furniture with a current market val
    9·1 answer
  • If Department H had 500 units, 60% completed, in process at the beginning of the period, 6,000 units were completed during the p
    5·1 answer
  • Reynold's Company has a product with fixed costs of $309,000, a unit selling price of $24, and unit variable costs of $21. The b
    5·1 answer
  • Explain the difference between a label and a hangtag
    5·1 answer
  • The Federal Reserve System Multiple Choice
    6·1 answer
  • Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials
    13·1 answer
  • Two coworkers at Nortel came up with an idea for renting software over the Internet.Nortel's top management liked the idea and s
    15·1 answer
  • Precision Castparts, a manufacturer of processed engine parts in the automotive and airline industries, borrows $39.1 million ca
    5·1 answer
  • Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a 10% return on the company's
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!