Q1) Growth AccountingAbel, Bernanke and Croushore, 10th edition, Chapter 6, Numerical Problems No. 6Over the past twenty years an economy's total output has grown from 1000 to 1300, its capitalstock has risen from 2500 to 3250, and its labor force has increased from 500 to 575. Allmeasurements are in real terms.Calculate the contributions to economic growth of growth in capital, labor, and productivity:a. assuming that ak = 0.3 and an = 0.7.b. assuming that ak = 0.5 and an = 0.5.

Answered: Over the past twenty years an economy's…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A certain city's power company charges their residents for electricity usage on a daily basis. There is a basic charge of 11.57 cents. For each day the first 10 kWh cost 4.81 cents per kWh and any additional kWhs are 9.69 per kWh. (A kWh, or kilowatt-hour, is a unit of energy.) (a) Complete the following table using the information provided above. kWhkWh 0 5 10 15 20 cost (dollars)cost (dollars) kWhkWh 25 30 35 40 cost (dollars)cost (dollars) (b) We can define a piecewise function f(x)f(x) where xx is the kWh used in a day and f(x)f(x) is the cost, in dollars. This function would have the form f(x)={g(x)h(x)ififx∈Ax∈Bf(x)={g(x)ifx∈Ah(x)ifx∈B What functions g(x)g(x) and h(x)h(x) make up the piecewise function f(x)f(x)? g(x)=g(x)= for A = h(x)=h(x)= for B = Hint: A and B are intervals. If an interval uses ±∞±∞ write inf or -inf . (c) Using the above function, what is the cost of 26 kWh? dollars. (d) For 3 dollars, what is the maximum kWh usage for one…
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Suppose a small quantity of radon gas, which has a half-life of 3.8 days, is accidentally released into the air in a laboratory. If the resulting radiation level is 30% above the safe level, how long should the laboratory remain vacated? (Hint: To start with, determine what fraction of the "resulting radiation level" is the maximum safe level.) The laboratory should remain vacated for days.
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If a population grows 10 % each year, what is the annual continuous (relative) growth rate? O 10.00 % O 9.53 % O 10.52 % O 7.42 % O 3.00 %

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