Question: High personal effectiveness: . Critical self-awareness; . Self-reflection and self-management; . Time management; . Sensitivity to diversity in people and different situations and . The

High personal effectiveness: . Critical self-awareness; . Self-reflection and self-management; . Time management; . Sensitivity to diversity in people and different situations and . The ability to continue to learn through reflection on practice and experience

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=+ d. What will the capitaloutput ratio be at the Golden Rule steady state? (Hint: For the CobbDouglas production function, the capitaloutput ratio is related to the marginal product of capital.)

=+c. Suppose that public policy raises the saving rate so that the economy reaches the Golden Rule level of capital. What will the marginal product of capital be at the Golden Rule steady state?