36. Suppose the following situation exists for an economy characterized by: Kt+1/N < Kt/N. Given this information, we know that A) consumption per worker will tend to fall as the economy adjusts to this situation. saving per worker is greater than depreciation per worker in period t. C) saving per worker equals depreciation per worker in period t. D) none of the above
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- Assume that an economy is based on three industrial sectors: agriculture (A), building (B), and energy (E). The technology matrix M is: A BE uarruarruarr (4 [0.6 0.2 0.1 0.4 0.1 0.1 0.4] 0.1 0.1 B 0.1 M How much input from A, B, and E are required to produce a dollar's worth of output for B? How much input from A is required to produce a dollar's worth of output for B? How much input from B is required to produce a dollar's worth of output for B? How much input from E is required to produce a dollar's worth of output for B ? Assume that an economy is based on three industrial sectors: agriculture (A), building (B), and energy (E). The technology matrix M is: A BE ↑ ↑ ↑ A-> 0.6 0.2 0.1 B-> =M 0.1 0.4 0.1 E-> 0.1 0.1 0.4 How much input from A, B, and E are required to produce a dollar's worth of output for B? How much input from A is required to produce a dollar's worth of output for B? How much input from B is required to produce a dollar's worth of output for B? How much input from E…12. Suppose an economy represented by the graph below started with K = 25, so it was in a steady state, but then disaster struck and most of the capital was destroyed. (Assume that no people were hurt so the labor force is the same size.) dK 25 K After the disaster would we expect the economy to grow or shrink? a. grow, I> dK b. grow, I dK d. shrink, I< dK5. Find the equilibrium output for the following economy C = 120 + 0.5(Y – T); I = 250 – 10r; G = 50; 400; P= 2; T = 40; ()d = 1000 – 200r; M =
- 1) Let the growth rate of X, be defined as the log difference a (X4) = log X – log X-1. For variables X, and Y, show that the growth rate of the quotient equals the difference of the growth rates, g g(Xt) – g (Y:).What does it mean for a steady-state to be unstable (a.k.a, a source)?Explain................ in economicsWith lockdowns currently imposed across Europe and North America until mid-April, even in the best-case scenario it will take at least until mid-June for market confidence to be restored in these economies. The implication is that nearly six million workers in Bangladesh’s formal sector – which is largely manufacturing – will be without steady work for an extended period.” a) Which part of the production function do you think the issue mentioned above will affect? Draw two diagrams to show Real GDP and LRAS is affected in the long run. The government should also consider an unconditional cash transfer program for an initial period of three months at a rate of $95 per month, which corresponds to the minimum wage for the formal sector in Bangladesh. This would cost the government roughly $14 billion, or 4% of GDP. While this sort of cash transfer program always suffers from targeting issues, Bangladesh enjoys a highly sophisticated mobile financial services network, which could…
- Consider a frugal closed economy without money market. Assume there is no government or exports/imports. The economy is described by the following set of equations. C=1000+0.5⋅Y ID = 600 What is the equilibrium output Y* a)4000 b)2000 c)3200 d) 1600How do you know that the equillibrium prices are lower, the quantities produced are higher and the profits produced are lower in the merged scenarioFind the point (x,y) that solves the following problem: 1 и(х, у) — — In x + - In y s.t. Px:Х + руҮ — т 3 1 2 1 т 1 т y 2 рх A. x= 2 ру 2 т В. х — 1 т y 4 ру 3 рх 2 т 3 т C. x= 5 5 ру px 2 т 1 т D. х- 3 - 3 ру px ||
- Assume Mexico has the production possibilities to produce either 50 bottles of milk or 50 cartons of eggs using 100 worker hours. If Mexico decides to produce 30 bottles of milk, how many cartons of eggs can it produce? Place the moveable point at the coordinate that shows this production possibility. Make sure that the point's coordinates are exactly correc t.DRYERS B 88 2288 22 22 100 90 80 50 10 с I D 10 20 30 40 50 60 70 80 90 100 WASHERS B Refer to Figure 2-3. This economy cannot currently produce 90 washers and 80 dryers because it is not using all of its resources. it is not using the most efficient production process. it does not have the resources and technology to produce that level of output. consumers don't want that many washers and dryers.Please help me with this macroeconomic question 4!