# Question

In the neoclassical growth model we express the investment function as i= sf(k), where i is investment per worker, s is the saving ratio, k is capital per worker, and y is output per worker.

A) Plot the saving function, i= sf(K) and output function y=f(k)=k1/2, where s=0.3and values of k vary between 4 and 9

B) Find consumption per worker for k=4 and k=9

A) Plot the saving function, i= sf(K) and output function y=f(k)=k1/2, where s=0.3and values of k vary between 4 and 9

B) Find consumption per worker for k=4 and k=9

## Answer to relevant Questions

Use the Fundamental Theorem (Green's Theorem) to deduce the formula for the area of an ellipse. Hint: find a 1-form whose exterior derivative is dx dy. Logan, Ltd. makes two products, tables and chairs, which must be processed through assembly and finishing departments. Each table requires 5 hours to assemble and 3 hours to finish, but each chair requires 2 hours to ...From a boat on the river below a dam, the angle of elevation to the top of the dam is 21°52'. If the dam is 2376 feet above the level of the river, how far is the boat from the base of the dam (to the nearest foot)?A) 5,910 ...Consider the following time series data representing quarterly sales of dishwashers at Big Boys Appliances over the past two years: The scatter plot of the data above shows seasonality with trend. Hence, a multiple ...Water is flowing into a hemispherical bowl of radius 5 feet at a constant rate of 1 cubic foot per minute.(a) At what rate is the top surface of the water rising when its height above the bottom of the bowl is 3 feet? 4 ...Post your question

0