Question
Consider a Solovian economy with the aggregate
production function Yt = K1/2l1/2 . The initial size of the population is 100, and the initial capital stock is given by 9 units. The entire output produced in each period is distributed to the households as factor incomes (since households are the owners of the capital stock and labor at any time t), who consume half of their income and save the rest. All savings are automatically invested, which augments the capital stock available for production over time. Population does not grow, and there is 100% depreciation of the capital stock within one period. The steady state value of aggregate capital stock isSolution
Who among the following Indian musicians is the inventor of Mohan Veena?
The subject of the Study of Macro Economics is based on which principle?
________ dance form originates from the southern Indian state of Kerala.
Which of the following Fundamental Rights is not suspended when a Proclamation of Emergency in operation according to the Indian Constitution?
Which of the following countries is not included in the Colombo Security Conclave?
The National Investigation Agency (NIA), with headquarters in New Delhi, has special jurisdiction to investigate offenses related to:
As of April 26, 2023, how many cumulative enrolments have been achieved under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
Which of the following rivers are west flowing rivers?
A) Tapi
B) Narmada
C) Krishna
D) Godavari
What are they called organic compounds, whose molecules have only a single connective bond?
In which among the following states is the Vindhyachal Super Thermal Power Station located?
