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13 May 2019
Suppose that the production function is Y= 5(K)1/2 (L)1/2, Ãâ Deprication is 03 . Saving .120
1) What is steady state level of capital per worker
2) What is output per worker
3) What is saving and investment per worker and deprication per worker
Suppose that the production function is Y= 5(K)1/2 (L)1/2, Ãâ Deprication is 03 . Saving .120
1) What is steady state level of capital per worker
2) What is output per worker
3) What is saving and investment per worker and deprication per worker
Nestor RutherfordLv2
16 May 2019