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Все вопросы
- Suppose the economy's production function is Y = AK^0.3N0.7. If K = 2000, N = 100, and A = 1, then Y = 246. If A rises by 10 percent, and K and N are unchanged, by how much does Y increase? #71
- Suppose the economy's production function is Y = AK^0.3N0.7. If K = 2000, N = 100, and A = 1, then Y = 246. If K and N each increase by 5 percent, and A is unchanged, by how much does Y increase? #72
- If Y = A × N × (75 + K/N), where K = 1000, N = 20, and A = 10, what happens if K doubles and N doubles? #73
- Suppose the economy's production function is Y = AK^0.3N0.7. When K = 1000, N = 50, and A= 15, what is Y? #74
- Suppose that Freedonia has GDP equal to 2000 million, the capital stock is 1700 million, and the number of employees equals 70 million. The production function is Y = AK^0.25N0.75. Total factor productivity of the economy is approximately equal to #75
- Suppose that the production function is given by Y = AK^0.25N0.75. Between Year 1 and Year 2, total factor productivity of Freedonia's economy increased by #76
- The two main characteristics of the production function are #77
- If the marginal product of capital doesn't change as the amount of capital increases, a figure showing the relationship between output and capital #78
- The marginal product of capital is the increase in #79
- Desired national saving equals #80