User Account

All Pages

What are capital and labor share of income

Assignment Help Macroeconomics
Reference no: EM132606310

Consider the following production function: where both the population and the pool of labor are growing at a rate, the capital stock is depreciating at a rate and A is normalized to 1.

a. What are capital and labor's share of income?

b. What is the form of the production function?

c. Find the steady state values of k and y when s = 0.20.

Reference no: EM132606310

Questions Cloud

Animal behavior works in the nervous system : The concept of being able to make associations is the entire way animal behavior works in the nervous system.
Briefly explain why the as-curve is upward sloping : Briefly explain why the AS-curve is upward sloping in the intermediate run.
What is total net gain or loss from all of the transactions : Sold land with an historical cost of $100,000 for $120,000 in cash. What is the total net gain or loss from all of the transactions combined
Explain why economists disagree with backing paper : Explain why economists disagree with backing paper money with a certain commodity such as gold.
What are capital and labor share of income : Consider the following production function: where both the population and the pool of labor are growing at a rate, the capital stock is depreciating at a rate a
Prepare an adjusting entry : On March 1, 2015, the company received a room rent payment for one year of Rp 180,000,000 which was recorded as a nominal account. Prepare an adjusting entry
What is the marginal propensity to consume : Year disposable incomeconsumer spending ( millions of dollars) ( millions of dollars)
Determining the capital account in the balance of payments : (a) Discuss the relationship between the current account and the capital account in the balance of payments.
Explain why communication is essential in an organization : For this assignment, compare and contrast two communication techniques that can be used to improve employee trust and engagement. Feel free to use the channels.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Limits to the us long-term economic growth

Is there anything that our government can do to address these limits, or would it be a bad idea to try?

  The us trade deficit is currently running over 50 billion

the u.s. trade deficit is currently running over 50 billion per month. explain why this is bad for the country in the

  Recent bloomberg article by takeo

What is the 'three arrow' plan? Illustrate how the plan could potentially work using IS/LM and the AD/AS models.

  Process of multiplying or dividing complex numbers

In your own words, explain the process of multiplying or dividing complex numbers. Show an example to illustrate the process you explained. For this DQ, complete the problem provided by your instructor.

  Consider the fictious good derp

Consider the fictious good Derp. The demand for Derp is Q = 1200 - 2p. Suppose the supply is given by Q+-600+2P. Enter numbers only. If decimal, include decimal and round to nearest tenth.

  What is the likely effect onprices and output

Suppose that the government decreases spending by $100 billion.What happens to aggregate demand? What is the likely effect onprices and output?

  National saving and new equilibrium interest rate

1. A production function can exhibit increasing, constant or decreasing returns to scale. Describe the meaning of this statement using a simple production function Y = F (K, L), where K is capital and L is labor.  Why might it exhibit increasing o..

  Suppose that the federal reserve strictly follows a rule of

suppose that the federal reserve strictly follows a rule of keeping the interest rate at 3 per year. initially this

  Describe the likely effects of an activist policy in both

Next, consider the follwoing three scenarios and to describe the likely effects of an activist policy in both the short and long run.

  Explain why the long run aggregate supply curve is vertical

Explain why the long run aggregate supply curve is vertical. Give an example of a government policy that acts as an automatic stabilizer.

  Calculate cournot nash equilibrium

Suppose two identical firms produce widgets and they are the only firms in the market. Find the Cournot-Nash equilibrium.

  How supply of money influences interest rates

Analysis of Monetary Policy - How supply of money influences interest rates and Give factors that have an influence - there are three of them.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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