Solutions Part A - Growth Rates & Time to Double (Rule of 70) Part B - Returns to Scale - Constant or Not? Part C - Solow Growth Model - Solving for Steady State Part D - Plugging in Numbers Part E - Using the Solow Model and Diagram (b) This is very similar to T/F problem 2 above. See Page 68 (of Jones Macro Econ Crisis Ed). By method one – with the production function By method two –with the production function |
Teaching - Curtis Kephart > Econ 100B Intermediate MacroEconomics (Homework and exam examples) >