![subject](/tpl/images/cats/ekonomika.png)
Business, 16.02.2021 03:30 cruzhazeL999
Assume that the Puerto Rico economy is initially at the golden-rule level of per capita capital stock. Suppose that Hurricane Maria wiped out 25% of the island’s capital stock and (even more tragically) 10% of the island’s labor force as they migrated to the US. Using the Solow growth model and assuming that the “current'' savings rate, the depreciation rate, the rate of technological progress, and the rate of population growth do not change:
Show the short-run effects on the hurricane on K, k, L, Y and y.
Show the process by which each of these variables, and the economy in general, adjust to a new long-run equilibrium
Compare the growth rates of K, k, L, Y, and y in the original (pre-hurricane) case and the new long-run equilibrium
Explain what monetary policy tools may be of help to jumpstart the economy after the hurricane using the following perspectives of the different schools of economic thought:
i. Classics
ii. Neoclassic
iii. Monetarists
iv. Keynesians
v. Austrian
vi. Real business cycle
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:30, Svetakotok
Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:00, 3peak101
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:30, destinyd10189
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
You know the right answer?
Assume that the Puerto Rico economy is initially at the golden-rule level of per capita capital stoc...
Questions in other subjects:
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 19.11.2020 04:30
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 19.11.2020 04:30
![Konu](/tpl/images/cats/en.png)