MACROECONOMICS+ACHIEVE 1-TERM AC (LL)
MACROECONOMICS+ACHIEVE 1-TERM AC (LL)
10th Edition
ISBN: 9781319467203
Author: Mankiw
Publisher: MAC HIGHER
Question
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Chapter 9, Problem 2PA

(a)

To determine

The rate at which the total output, output per worker and output per effective worker grow.

(b)

To determine

The capital per effective worker, output per effective worker and the marginal product of capital.

(c)

To determine

The saving rate at the Golden rule steady state.

(d)

To determine

The growth rate of output at the Golden rule steady state.

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