Question: All parts please Problem 4 Consider the production function modeled by the following equation: Yt=AKt1a(BHt)aLt where Kt is capital, Ht is human capital, Lt is

All parts please Problem 4 Consider the production function modeled by

All parts please

the following equation: Yt=AKt1a(BHt)aLt where Kt is capital, Ht is human capital,

Problem 4 Consider the production function modeled by the following equation: Yt=AKt1a(BHt)aLt where Kt is capital, Ht is human capital, Lt is the number of workers, B is a scalar larger than 0 , A is the (constant) level of technology, 00 and the savings rate is constant 0~~0 and the savings rate is constant 0~~

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