By looking at the graph what would you say the mean growth rate is over the sixteen years of Apple's revenue?

Explain the long run growth?

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6.5 Exercises Exercise 6.1 (Technological Progress and Long-Run Growth). Consider a Solow economy with population growth and technological progress. The evolution of the capital stock per efficiency unit of labor, denoted k1, is given by the law of motion (1+n)(1+ g)kt+1 = (1 – 8)kt +of(kt). Capital per efficiency unit of labor is defined as k, = Kt/(LEt), where Kt denotes the stock of physical capital, L, denotes population, and E is a tech- nological factor. Population grows at the rate n and the technological factor grows at the rate g. The subscript t denotes time, measured in years. The parameters d E (0, 1) and o > 0 denote, respectively, the depreciation rate of capital and the savings rate. The function f(k;) represents the produc- tion technology. Specifically, let Y, denote output and yt = Yt/(LEt) denote output per efficiency unit of labor. Then yt = f(kt). Assume that f(kt) = /k. 1. Find the steady-state stock of capital per efficiency unit of labor, de- noted k*, as a…

Can you tell me what the top 50 companies are from market capitalisation in Australia on the date 28 APRIL 2023?   What does this show in reference to the sectors that are made up in the Australian economy?

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Assume there are 100 workers and each worker produces 100 outputs. If the workforce is growing by 1% a year but productivity does not improve, how fast can output increase?

If a country's initial real GDP is $54,504 and its yearly growth rate of GDP is 3.9%, use the Rule of 70 to determine approximately how many years it would take for this economy to double its GDP.  Round your answer to two digits after the decimal.