growth, Economics, Microeconomics

Assignment Help:
During a given interval a nation''s overall productivity grows at a compounded rate of 2%. Its population growth rate and degree of labor-force participation do not change over this time span. The nation accumulates new capital at a compounded rate of growth of 1%, and the coefficient governing the proportionate increase in real GDP production in response to a proportionate rise in the amount of capital is equal to 0.3. What is the compound growth rate of real GDP at this time?

Related Discussions:- growth, Economics

Explain about the deadweight loss and elasticities, Explain about the deadw...

Explain about the deadweight loss and elasticities. Deadweight Loss and Elasticities: The common rule for economic policy is the other things equal; you need to select the p

Problems of population census, Problems of population census: High ...

Problems of population census: High Cost of Census: Censuses are supposed to be conducted at a 10 year interval. The high cost of conducting census has made it impossibl

#question.Question: Answer all parts (a, Consider the following insurance m...

Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low

HDI, how to write an assignment on Human development index

how to write an assignment on Human development index

Automobile industry., Write an objective analysis paper on the economics of...

Write an objective analysis paper on the economics of outsourcing and insourcing production by businesses. Please make sure you have a thesis (a main point that you are making) and

What are some ways for increase revenue, You've been contacted by a local s...

You've been contacted by a local semi-professional team in Colfax, known locally as the Colfax Thunder. They play their home games at the HS baseball park for only $100 per month.

Elasticity, How much would the price of Good Z (Pz) have to change in order...

How much would the price of Good Z (Pz) have to change in order to increase the consumption of Good C by twenty five percent (25%)?

Linkage of education with poverty and income distribution, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Bonds, Contribution of bonds in n economy.

Contribution of bonds in n economy.

Write Your Message!

Captcha
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