This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Solow model implies that continuous growth in productivity at a rate of one percent will result ... (Read 47 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
The Solow model implies that continuous growth in productivity at a rate of one percent will result in continuous growth of output per worker at a rate of 1.43.
 
  Thus, if at a point in time output per worker is 270 and productivity rises by one percent, the resulting level of output per worker is ________. A) 386
  B) 273
  C) 274
  D) 277

Question 2

If the demand for money is Md = 100 +.25Y  100r and then the increase in money demand rises by 100, the LM curve shifts to the
 
  a. right by 400.
  b. right by 100.
  c. left by 200.
  d. left by 400.
  e. none of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Excellent

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Tip growth by a pollen tube. Tip growth by a pollen tube.
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
The Great Spike in World Population Growth The Great Spike in World Population Growth
Population Growth in America Population Growth in America
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Osmosis - water transport

For a complete list of videos, visit our video library