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Question: In the solow growth model, with labor-augmenting technological progress and population growth, if the production function is y= k^1/2, s= .15, depreciation= .02, n=.02 and g= .01:
a. what is the steady-state level of capital per effective worker?
b. what is the level of consumption per effective worker at this steady-state level?
c. what is the golden rule level of capital per effective worker?
d. what is the savings rate necessary to obtain k*gold?
e. what is the golden rule level of consumption?
The additional benefits that arise by using an additional unit of the managerial control variable is defined as the:
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What is the maximum amount of new loans that this bank can make? Assume that the bank makes these loans. What will the new balance sheet look like?
explain two possible challenges you might face when applying for this funding. Finally, provide one strategy for how you might overcome each challenge.
Why is comparative advantage important in international trade? Briefly describe what is meant by the term "externality" and how it occurs. Briefly discuss the shortcomings of control regulations and environmental command.
Calculate the portfolio at risk ratio for 30 days and explain how this affects the security of the loan portfolio.
Plot the demand and supply curves using these schedules. Indicate the equilibrium price and quantity on your diagram
1. suppose the demand for a product is given by p 40 4q. also the supply is given by p 10 q.?a what is the
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Consider a three-year car loan. The price of the car is $10,000. The interest rate is 5% for the first year but is 10% for the remaining years. What should be the (fixed) annual payment?
A policy may yield a Pareto superior outcome so long as the gains to those who benefit are greater than the losses to those who are worse off.
Explain what role did the vision statement play in the success? Why is it important to have a vision statement?
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