Question: Homework: Basic Solow Model 01 The steady state 8 Points Consider the Basic Solow Model without exogenous growth: Y=AK'L1' C=(1s)Y Y=C+I K'=I+(16)K where labor L










Homework: Basic Solow Model 01 The steady state 8 Points Consider the Basic Solow Model without exogenous growth: Y=AK"'L1\"' C=(1s)Y Y=C+I K'=I+(16)K where labor L is constant. Assume the following values for the rest of this question: A = 100 a = 0.35 s = 0.15 6 = 0.09 L = 20 01.1 1 Point Compute steady state capital per worker. Round your answer to at least three decimal places. Enter your answer here 01.2 1 Point Compute steady state output per worker. Round your answer to at least three decimal places. Enter your answer here Save Answer 01.3 1 Point Compute steady state consumption per worker. Round your answer to at least three decimal places. Enter your answer here Save Answer 01.4 1 Point Compute steady state investment per worker. Round your answer to at least three decimal places. Enter your answer here Save Answer 01.5 1 Point Compute steady state capital (aggregate, not per worker). Round your answer to at least three decimal places. Enter your answer here Save Answer 01.6 1 Point Compute steady state output (aggregate, not per worker). Round your answer to at least three decimal places. Enter your answer here Save Answer 01.7 1 Point Compute steady state consumption (aggregate, not per worker). Round your answer to at least three decimal places. Enter your answer here Q1.8 1 Point Compute steady state investment (aggregate, not per worker). Round your answer to at least three decimal places. Enter your answer here Save
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