Question: Question 4 Given the two machines data Machine A First Cost P8,000.00 Salvage value 0 Annual operation 3,000.00 Annual maintenance 1,200.00 Taxes and insurance 3%

Question 4 Given the two machines data Machine A First Cost

Question 4 Given the two machines data Machine A First Cost P8,000.00 Salvage value 0 Annual operation 3,000.00 Annual maintenance 1,200.00 Taxes and insurance 3% Machine B P14,000.00 2,000.00 2,400.00 1,000.00 3% Life, years 10 15 Money is worth at least 16%. What is the exact rate of return? ANSWER: Blank 1

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=+How might you explain this phenomenon?

=+ 2. In the United States, the capital share of GDP is about 30 percent, the average growth in output is about 3 percent per year, the depreciation rate is about 4 percent per year, and the capital

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