In the Solow model, if f(k) = 2k0.5, s = 0.1, n = 0.1, and d = 0.05, what is the value of f(k) at equilibrium?
A. 2/3
B. 8/3
C. 4/3
D. 2
Answer: B
You might also like to view...
Healthy Nuts contractually requires distributors who purchase Healthy Nuts' snack packs to also purchase Healthy Nuts' large -sized mixed nuts tins. The legality of the practice will be evaluated under Section ________ of the Clayton Act.
A) 2 B) 8 C) 3 D) 7
The equation for the spending multiplier is:
a. 1 / (1 ? MPC). b. 1 ? MPC. c. 1 ? (MPC ? MPS). d. MPC / MPS. e. none of these.
What is the relationship between accounting and economic profits?
A) Accounting profits are always larger than economic profits. B) Economic profits are always larger than accounting profits. C) There is no relationship between economic and accounting profits. D) Economic profits are always negative.
The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
A. salaries of government employees. B. interest expenses. C. entitlements. D. military spending.