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Business, 21.06.2019 16:10
(4 points) suppose the production function in the solow model is given by yt = ak¯ 3/4 t l 1/4 t . (a) what are the five equations and five unknowns that summarize the solow model? (b) show the transition dynamics in the solow model if ¯sy0 < ¯dk0. make sure you label the axes, curves, initial level of capital and steady-state level of capital. (c) solve for capital, output, capital per person, and output per person in the steady state. (d) if a¯ = 2, l¯ = 4, ¯s = 0.2, and ¯d = 0.05, calculate the steady-state level of capital and output per person.
Answers: 3
Business, 22.06.2019 19:00
Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.
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Business, 22.06.2019 23:00
You cannot make copies of media, even as a personal backup, without violating copyright. true
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Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
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The process of identifying other organizations that are best at some facet of your operations and th...
Physics, 09.12.2019 09:31
History, 09.12.2019 09:31
History, 09.12.2019 09:31
Mathematics, 09.12.2019 09:31
Mathematics, 09.12.2019 09:31
Mathematics, 09.12.2019 09:31
Mathematics, 09.12.2019 09:31