SlideShare a Scribd company logo

Consider an economy with a production function YtK1t1uLt.pdf

•
•
A
adhiapparals

Consider an economy with a production function Yt=K1t[(1u)Lt] , where Kt is capital, Lt is the labour force, and u is the natural unemployment rate. The labour force grows at a rate n>0 , capital depreciates at a rate >0 , and the national savings rate is s(0,1) . Derive steady-state per capita consumption in terms of u , s , , n and ..

Education
1 of 1
Download to read offline
Consider an economy with a production function Yt=K1t[(1u)Lt] , where Kt is capital, Lt is the labour force, and u is the natural unemployment rate. The labour force grows at a rate n>0 , capital depreciates at a rate >0 , and the national savings rate is s(0,1) . Derive steady-state per capita consumption in terms of u , s , , n and .

Recommended

Consider the following probability Pz131 Let z be a rand.pdf
Consider the following probability Pz131 Let z be a rand.pdfConsider the following probability Pz131 Let z be a rand.pdf
Consider the following probability Pz131 Let z be a rand.pdfadhiapparals
 
Consider the following probability Pz144 Let z be a rand.pdf
Consider the following probability Pz144 Let z be a rand.pdfConsider the following probability Pz144 Let z be a rand.pdf
Consider the following probability Pz144 Let z be a rand.pdfadhiapparals
 
Consider the following probability P113z264 Let z be a .pdf
Consider the following probability P113z264 Let z be a .pdfConsider the following probability P113z264 Let z be a .pdf
Consider the following probability P113z264 Let z be a .pdfadhiapparals
 
Consider the following plot summary of The Emperors New Cl.pdf
Consider the following plot summary of The Emperors New Cl.pdfConsider the following plot summary of The Emperors New Cl.pdf
Consider the following plot summary of The Emperors New Cl.pdfadhiapparals
 
Consider the following piece of code What will be values of.pdf
Consider the following piece of code What will be values of.pdfConsider the following piece of code What will be values of.pdf
Consider the following piece of code What will be values of.pdfadhiapparals
 
Consider the following nursing interventions for a patient r.pdf
Consider the following nursing interventions for a patient r.pdfConsider the following nursing interventions for a patient r.pdf
Consider the following nursing interventions for a patient r.pdfadhiapparals
 
Consider the following model Yi0+1Eduationi+2Experience.pdf
Consider the following model Yi0+1Eduationi+2Experience.pdfConsider the following model Yi0+1Eduationi+2Experience.pdf
Consider the following model Yi0+1Eduationi+2Experience.pdfadhiapparals
 
Consider the following information for the monopolist a Id.pdf
Consider the following information for the monopolist a Id.pdfConsider the following information for the monopolist a Id.pdf
Consider the following information for the monopolist a Id.pdfadhiapparals
 

Recommended

Consider the following probability Pz131 Let z be a rand.pdf
Consider the following probability Pz131 Let z be a rand.pdfConsider the following probability Pz131 Let z be a rand.pdf
Consider the following probability Pz131 Let z be a rand.pdfadhiapparals
 
Consider the following probability Pz144 Let z be a rand.pdf
Consider the following probability Pz144 Let z be a rand.pdfConsider the following probability Pz144 Let z be a rand.pdf
Consider the following probability Pz144 Let z be a rand.pdfadhiapparals
 
Consider the following probability P113z264 Let z be a .pdf
Consider the following probability P113z264 Let z be a .pdfConsider the following probability P113z264 Let z be a .pdf
Consider the following probability P113z264 Let z be a .pdfadhiapparals
 
Consider the following plot summary of The Emperors New Cl.pdf
Consider the following plot summary of The Emperors New Cl.pdfConsider the following plot summary of The Emperors New Cl.pdf
Consider the following plot summary of The Emperors New Cl.pdfadhiapparals
 
Consider the following piece of code What will be values of.pdf
Consider the following piece of code What will be values of.pdfConsider the following piece of code What will be values of.pdf
Consider the following piece of code What will be values of.pdfadhiapparals
 
Consider the following nursing interventions for a patient r.pdf
Consider the following nursing interventions for a patient r.pdfConsider the following nursing interventions for a patient r.pdf
Consider the following nursing interventions for a patient r.pdfadhiapparals
 
Consider the following model Yi0+1Eduationi+2Experience.pdf
Consider the following model Yi0+1Eduationi+2Experience.pdfConsider the following model Yi0+1Eduationi+2Experience.pdf
Consider the following model Yi0+1Eduationi+2Experience.pdfadhiapparals
 
Consider the following information for the monopolist a Id.pdf
Consider the following information for the monopolist a Id.pdfConsider the following information for the monopolist a Id.pdf
Consider the following information for the monopolist a Id.pdfadhiapparals
 
Consider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdfConsider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdfadhiapparals
 
Consider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdfConsider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdfadhiapparals
 
Consider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdfConsider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdfadhiapparals
 
Consider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdfConsider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdfadhiapparals
 
Consider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdfConsider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdfadhiapparals
 
Consider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdfConsider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdfadhiapparals
 
Consider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdfConsider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdfadhiapparals
 
Consider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdfConsider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdfadhiapparals
 
Consider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdfConsider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdfadhiapparals
 
Consider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdfConsider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdfadhiapparals
 
Consider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdfConsider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdfadhiapparals
 
Consider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdfConsider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdfadhiapparals
 
Consider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdfConsider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdfadhiapparals
 
Consider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdfConsider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdfadhiapparals
 
Consider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdfConsider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdfadhiapparals
 
Consider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdfConsider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdfadhiapparals
 
Consider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdfConsider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdfadhiapparals
 
Consider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdfConsider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdfadhiapparals
 
Consider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdfConsider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdfadhiapparals
 
Consider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdfConsider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdfadhiapparals
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 

More Related Content

More from adhiapparals

Consider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdfConsider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdfadhiapparals
 
Consider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdfConsider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdfadhiapparals
 
Consider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdfConsider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdfadhiapparals
 
Consider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdfConsider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdfadhiapparals
 
Consider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdfConsider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdfadhiapparals
 
Consider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdfConsider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdfadhiapparals
 
Consider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdfConsider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdfadhiapparals
 
Consider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdfConsider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdfadhiapparals
 
Consider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdfConsider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdfadhiapparals
 
Consider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdfConsider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdfadhiapparals
 
Consider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdfConsider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdfadhiapparals
 
Consider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdfConsider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdfadhiapparals
 
Consider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdfConsider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdfadhiapparals
 
Consider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdfConsider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdfadhiapparals
 
Consider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdfConsider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdfadhiapparals
 
Consider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdfConsider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdfadhiapparals
 
Consider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdfConsider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdfadhiapparals
 
Consider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdfConsider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdfadhiapparals
 
Consider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdfConsider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdfadhiapparals
 
Consider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdfConsider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdfadhiapparals
 

More from adhiapparals (20)

Consider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdfConsider the following graph and answer the next two questio.pdf
Consider the following graph and answer the next two questio.pdf
 
Consider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdfConsider the following grammar ExpressionExpressionExp.pdf
Consider the following grammar ExpressionExpressionExp.pdf
 
Consider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdfConsider the following financial information for Kleen Compa.pdf
Consider the following financial information for Kleen Compa.pdf
 
Consider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdfConsider the following function f static ltTgt void fA.pdf
Consider the following function f static ltTgt void fA.pdf
 
Consider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdfConsider the following function pow void pow Crime c1.pdf
Consider the following function pow void pow Crime c1.pdf
 
Consider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdfConsider the following figure from this weeks reading a P.pdf
Consider the following figure from this weeks reading a P.pdf
 
Consider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdfConsider the following data set Using the linear regression.pdf
Consider the following data set Using the linear regression.pdf
 
Consider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdfConsider the following cross A A B b D d .pdf
Consider the following cross A A B b D d .pdf
 
Consider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdfConsider the following data for a closed economy Y14 tril.pdf
Consider the following data for a closed economy Y14 tril.pdf
 
Consider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdfConsider the following data for a particular country In.pdf
Consider the following data for a particular country In.pdf
 
Consider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdfConsider the following code snippet What header files are n.pdf
Consider the following code snippet What header files are n.pdf
 
Consider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdfConsider the following cash flow profile and assume MARR is .pdf
Consider the following cash flow profile and assume MARR is .pdf
 
Consider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdfConsider Japan and Vietnam producing capitalintensive robo.pdf
Consider Japan and Vietnam producing capitalintensive robo.pdf
 
Consider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdfConsider the following BNF grammar G based on the TinyC++ s.pdf
Consider the following BNF grammar G based on the TinyC++ s.pdf
 
Consider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdfConsider the following bonds Which of the bonds A to D is m.pdf
Consider the following bonds Which of the bonds A to D is m.pdf
 
Consider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdfConsider the following benefit and cost data of a project a.pdf
Consider the following benefit and cost data of a project a.pdf
 
Consider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdfConsider the figure below as a link layer and network layer.pdf
Consider the figure below as a link layer and network layer.pdf
 
Consider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdfConsider the EU as made of two blocks the Eastern and South.pdf
Consider the EU as made of two blocks the Eastern and South.pdf
 
Consider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdfConsider an urn with 20 balls in it numbered 1220 Ta.pdf
Consider an urn with 20 balls in it numbered 1220 Ta.pdf
 
Consider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdfConsider a standard DFF By itself this chip is not able to.pdf
Consider a standard DFF By itself this chip is not able to.pdf
 

Recently uploaded

Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...KokoStevan
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104misteraugie
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxnegromaestrong
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfagholdier
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfChris Hunter
 
PROCESS RECORDING FORMAT.docx
PROCESS RECORDING FORMAT.docxPROCESS RECORDING FORMAT.docx
PROCESS RECORDING FORMAT.docxPoojaSen20
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfSanaAli374401
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphThiyagu K
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.MateoGardella
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 

Recently uploaded (20)

Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
 
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 
PROCESS RECORDING FORMAT.docx
PROCESS RECORDING FORMAT.docxPROCESS RECORDING FORMAT.docx
PROCESS RECORDING FORMAT.docx
 
An Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdfAn Overview of Mutual Funds Bcom Project.pdf
An Overview of Mutual Funds Bcom Project.pdf
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1Código Creativo y Arte de Software | Unidad 1
Código Creativo y Arte de Software | Unidad 1
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 

Consider an economy with a production function YtK1t1uLt.pdf

  • 1. Consider an economy with a production function Yt=K1t[(1u)Lt] , where Kt is capital, Lt is the labour force, and u is the natural unemployment rate. The labour force grows at a rate n>0 , capital depreciates at a rate >0 , and the national savings rate is s(0,1) . Derive steady-state per capita consumption in terms of u , s , , n and .