Question: Question 17 (5 points) A simple random sample of 16 elements generates a sample proportion 0.60. Provide a 90% confidence interval for the population proportion.

Question 17 (5 points) A simple random sample of 16 elements generates a sample proportion 0.60. Provide a 90% confidence interval for the population proportion. a) .60 201 Ob) 60 - 240 Oc).60 + 480 d) .60 402 Question 21 (5 points) The z value for a 97.8% confidence interval estimation is 2.02 2.29 01.96 02.00

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=+ 2. In the steady state of the Solow model, at what rate does output per person grow?

=+ a. Express output per worker (y = Y/L) as a function of capital per worker (k = K/L) and the natural rate of unemployment (u).

=+ b. Write an equation that describes the steady state of this economy. Illustrate the steady state graphically, as we did in this chapter for the standard Solow model.