Consider a numerical example using the Solow growth model. Suppose that F(K, N) = K^0.5 N^0.5, with delta = 0.1, s = 0.2, n = 1.01, and z = 1, and take a period to be a year. Determine capital per worker, income per capita, and consumption per capita in the steady state. Now, suppose that the economy is initially in the steady state that you calculated in part (a). Then, s increases to 0.4. Determine capital per worker, income per capita, and consumption per capita in each of the 10 years following the increase in the savings rate. Determine capital per worker, income per capita, and consumption per capita in the new steady state. Discuss the speed of adjustments 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. What are the golden rule quantity of capital per worker and savings rate?
Answers: 1
Business, 21.06.2019 19:30, qwertylol12345
Vulcan company is a monthly depositor whose tax liability for march 2019 is $2,510. 1. what is the due date for the deposit of these taxes? march 17 2. assume that no deposit was made until april 29. compute the following penalties. assume a 365-day year in your computations. round your answers to the nearest cent. a. penalty for failure to make timely deposits. $ b. penalty for failure to fully pay employment taxes $ c. interest on late payment (assume a 5% interest rate). $ d. total penalty imposed $
Answers: 3
Business, 22.06.2019 11:00, neash19
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 3
Business, 22.06.2019 14:20, Champion9701
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
Consider a numerical example using the Solow growth model. Suppose that F(K, N) = K^0.5 N^0.5, with...
English, 23.06.2020 10:57
Mathematics, 23.06.2020 10:57
Mathematics, 23.06.2020 10:57
Mathematics, 23.06.2020 10:57
Mathematics, 23.06.2020 10:57
Mathematics, 23.06.2020 10:57