Computing growth rates (II): Suppose k, l, and m grow at constant rates givenby g k, gl , and gm. What is the growth rate of y in each of the following cases?(a) y = k 1/3(b) y = k 1/3l 2/3(c) y = mk 1/3l 2/3(d) y = mk 1/4l 3/4(e) y = mk 3/4l 1/4(f ) y = 1klm2 1/2(g) y = 1kl2 1/4 11/m2 3/4

Country U.S. In 2011 dollars (1) Capital/person 175,075 Hong Kong 154,766 Argentina 31,589 (2) per-capita GDP 54,807 40,603 16,469 Relative to the US values (US = 1)_ (4) per-capita (5) predicted GDP y* (3) Capital/person 1.000 1.000 1.000 (6) Implied TFP to match data 1.000

4. In the context of simultaneous equations modelling, which of the following statements is TRUE concerning an exogenous variable? (a) The values of exogenous variables are determined within the system (b) The exogenous variables are assumed to be fixed in repeated samples (c) Reduced form equations will not contain any exogenous variables on the RHS (d) Reduced form equations will contain only exogenous variables on the LHS.

The time to assemble the first unit on a production line is 11 hours. The learning rate is 0.86. Approximately how long will it take for the fifth unit to be assembled? The number of hours needed for the fifth unit to be assembled is hours. (Round to one decimal place.)

c please

please do it in 15 minutes please... I'll give you up thumb definitely

List some practical limits to economies of scale; that is, when should a plant stop growing?

(Long Run) The country of Prosperous has: Production function: Y = 2K1/2 (AN)1/2 ; where Y=output;K=capital; A=technology; and N=labor Saving rate (s): 20% per year Depreciation rate (d): 10% per year Labor growth rate (n): 2% per year Rate of technological change (g): 8% per year c. Calculate the growth rate of the following variables when the economy achieves its steady-state: Output per effective worker (Y/AN) Output per worker (Y/N) Output (Y)

Country X has Per Capita GDP of $5,500 in 2021. Suppose this country grew at a constant 3% per year indefinitely into the future. In 2,069 (i.e., 48 years in the future) the value of Per Capita GDP in Country X would be approximately. a) $20,000 b) $22,000 c) $50,000 d) $5,500

Match the terms in the first column with the appropriate definition in the second column.