Please only 6.4 ,6.5,6.6,6.7,6.8 Q6.5Compute the output Y' that the economy will have next period.Round your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.Enter your answer hereSave AnswerQ6.6Compute the output y' = Y'/L that the economy will have next period.%3DRound your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.Enter your answer hereSave AnswerQ6.7The growth rate of output per worker is:y/ –IyCompute the growth rate of output per worker.Enter as rate, not percent. Round your answer to at least three decimal places. Do not includecommas, dollar signs, or other non-numeric characters in your answer.Enter your answer hereSave AnswerQ6.8Compute steady state capital per worker for this economy.Round your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.Enter your answer here The following equations characterize equilibrium in the basic Solow growth model:Y = AKªL'-aC = (1 – s)YY = C +IAK = I – 8KAnswer the following. Use the following parameter values for this problem:A = 1000α0.358 = 0.12s = 0.15and assume that the economy initially has K == 50, 000 units of capital and that the size of thelabor force is L100.Q6.1Compute the current output Y of the economy.Round your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.880,317.837Save AnswerLast saved on Oct 28 at 9:19 PMQ6.2Compute current output per worker y = Y/L for the economy.Round your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.8803.178Save AnswerLast saved on Oct 28 at 11:31 PMQ6.3Compute the amount of capital K' that the economy will have next period.Round your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.Q6.4Compute the amount of capital per worker k'= K'/L that the economy will have next period.|RoundI your answer to at least three decimal places. Do not include commas, dollar signs, orother non-numeric characters in your answer.Enter your answer here

The question is based on Solow growth model.

Q6.5 Compute the output Y' that the economy will have next period. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.6 Compute the output y' = Y'/L that the economy will have next period. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.7 The growth rate of output per worker is: y – y Iy Compute the growth rate of output per worker. Enter as rate, not percent. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.8 Compute steady state capital per worker for this economy. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here

Q6.5 Compute the output Y' that the economy will have next period. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.6 Compute the output y' = Y'/L that the economy will have next period. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.7 The growth rate of output per worker is: y – y Iy Compute the growth rate of output per worker. Enter as rate, not percent. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here Save Answer Q6.8 Compute steady state capital per worker for this economy. Round your answer to at least three decimal places. Do not include commas, dollar signs, or other non-numeric characters in your answer. Enter your answer here

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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