Us steady state and golden rule

Assignment Help Business Management
Reference no: EM132265715

US Steady State and Golden Rule: In the US, the capital share of GDP is 45%, the average annual growth rate of GDP is 4%, the depreciation rate is 5% per year, and the capital-output ratio is estimated to be 3. Assuming, a constant returns production function (i.e., Cobb-Douglas) and that the US is in a steady state, answer the following: 

a) Find the savings rate.

b) Find the MPk

c) Find the MPif US moved to the Golden Rule steady state.

d) Find the Capital-Output ratio at the Golden Rule Steady State.

e) Find the saving rate at the Golden Rule Steady State.

Reference no: EM132265715

Questions Cloud

Derivative of the demand : a. Only if u(x?1,? x?2)? = min{x?1,? x?2}? b. If the derivative of the demand of x?1? with respect to p?2? is positive.
Summarize the issues presented in the article : Summarize the issues presented in the article in one to two paragraphs and answer the following questions including citations as support for your responses.
What is the clv of customer over five-year period : what is the CLV of a customer over a five-year period?
Describe an example of a very poorly implemented database : We all had the unfortunate experience of seeing how computers can, at times, make life's journey abit more difficult.
Us steady state and golden rule : In the US, the capital share of GDP is 45%, the average annual growth rate of GDP is 4%, the depreciation rate is 5% per year
Describe an instance where a government has taken action : Describe an instance where a government has taken some action the result of which is influence on commerce.
Calculate the amount of the warranty provision : Financial Accounting Issues Assignment - Calculate the amount of the warranty provision that you would advise Surf's Up Ltd to establish. Show all workings
Stakeholders for the above proposed portable flash player : Identify all the stakeholders for the above proposed portable flash player.
Increase in total revenue in the case : A 1 percent decrease in price will result in an increase in total revenue in the case(s) of products_____.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd