production function stuff, Macroeconomics

Assignment Help:

1. Given the following production function:

Y = K1/4 L3/4

Find the following:
a. Per worker production function.
b. Steady-state capital-labor ratio as a function of d and s.
c. Output per capita as a function of d and s.
d. Consumption per capita as a function of d and s.
e. Golden Rule consumption if d = 10%. (Hint: Find the s that maximizes consumption)

Related Discussions:- production function stuff

Inflation, if govtment face cost push inflation which policy govtment shoul...

if govtment face cost push inflation which policy govtment should take to control inflatoin?

Rapid growth of the national debt, He rapid growth of the national debt ala...

He rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress's unlimited ability to spend. Efforts to Reduce the Deficit, discuss the

Estimate the interest rate and minimize risk, 1. In December 1979 it was po...

1. In December 1979 it was possible to buy a January 1980 contract in gold at the New York Commodity Exchange for $487.50 per ounce and sell an October 1981 contract for $614.80 on

Measure to control inflation, .measure to control inflation

.measure to control inflation

Foreign exchange regimes, discuss different forms of foreign exchange regim...

discuss different forms of foreign exchange regimes

Poisson distribution, In a Poisson distribution U=4. A) What is the probabi...

In a Poisson distribution U=4. A) What is the probability that X=2? B) What is the probability that X is 2?

Marginal propensity to save, Marginal Propensity to save (MPS) is the r...

Marginal Propensity to save (MPS) is the ratio of change in total saving to change in total disposable income. Symbolically, MPS = ?S/?Y For example, total

Macroeconomics , 1. Nations trade what they produce in excess of their own ...

1. Nations trade what they produce in excess of their own consumption to: A) generate jobs for the domestic economy. B) earn “good will” from the World Bank. C) prevent chronic sur

Combination, take one set ( lk& output) to prove

take one set ( lk& output) to prove

Price equal marginal cost, Does a firm's price equal marginal cost in the s...

Does a firm's price equal marginal cost in the short run, in the long run, or both? Explain.

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages