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Category > Economics Posted 22 Jun 2017 My Price 4.00

capital per worker

. If capital per worker   at a steady state is $40,000, depreciation  is 13% (0.13), the population growth rate   is two percent (0.02), and the saving rate   is 20% (0.2),

If oa   a)  What is the steady-state output per worker ratio? 

       b)  What is the level of saving at steady state?

Please show calculations:

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SuperTutor
(15)
Status NEW Posted 22 Jun 2017 03:06 AM My Price 4.00

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