Answer:
the country is above the steady state
Explanation:
An economy has the per-worker production function <em>y =
</em>
Here,
<em>y </em>is the output per worker and <em>k </em>is the capital-labor ratio
depreciation rate <em>d = 0.5.</em>
Population growth rate is <em>n = 0%</em>
a. At steady state
<em>Δk = 0</em>
<em>sy-k(d+n) = 0 </em>
<em>sy = k(d+n)</em>
<em>0.5 (
) = k (0.05 + 0)</em>
<em>0.5
= 0.05k</em>
then resolve for <em>k</em>, and obtain <em>k=100. </em>The capital in steady state.
If the k=400, then the output
<em>y =
</em>
<em> =
</em>
<em> =20</em>
Thus, the country is above the steady state
Answer:
there is 7 left for the compasitating volume for the number question from intelligence fortailing the answer now is 7.5 7.5 final ur welcome bot
Answer:
Letter D is correct. <u> He desires to maximize gains and minimize losses.</u>
Explanation:
Homo economicus has as its central characteristic the rationality with which it makes its decisions. Through rational choice theory he is able to analyze situations where he can maximize perceived benefits and mitigate risks, through a systemic and fully rational process he is able to analyze available information that will determine possible short and long term gains and risks. term, and make your decision based on the possibility that will most attract rewards.
Answer:
Exchange of purpose
Explanation:
The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and goals is called Exchange of purpose