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

Effect of that on the tofu market, New technology was just invented that de...

New technology was just invented that decreases the cost of planting and harvesting soybeans: show the effect of this on the soybean market. Show the effect of that on the tofu mar

Explain the economy automatic stabiliser, Explain the economy automatic sta...

Explain the economy automatic stabiliser A budget deficit is shortfall between a government's tax revenue and its spending in a given year. If a government runs a budget defici

Reciprocal demand, what are the factors effecting reciprocal demand?

what are the factors effecting reciprocal demand?

Price of new equilibrium, Explain the adjustment to the new equilibrium pri...

Explain the adjustment to the new equilibrium price from an increase in demand.

Trasaction demand, detail givn the transaction demand

detail givn the transaction demand

Find out the marginal utility-demand curve, 1. What is law of diminishing ...

1. What is law of diminishing marginal utility? 2. Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0

Measurement of output, Different approaches to measure aggregate output

Different approaches to measure aggregate output

Monetary policy , Under what conditions does the text explain that monetary...

Under what conditions does the text explain that monetary policy is neutral? If it is neutral under these conditions, why is it still an important economic policy tool? Your answer

Determination of national income, Explain determination of national income ...

Explain determination of national income using aggregate demand-aggregate supply and saving-investment methods for a three sector economy.

What is the price elasticity of demand, What is the price elasticity of dem...

What is the price elasticity of demand? It is the Defining and Measuring Elasticity. The price elasticity of demand is the ratio of the percent modification into the quantit

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