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
- The inner radius of a cylindrical shell is 9.5 cm. If the length of the shell and the thickness of the shell are 10 cm and 4 cm, respectively, find the app...
After offering a discount of 28 percent on the sale of an item, a seller made a profit of 12.5 percent. If the cost price of the item was Rs. y. What wa...
PQRS is a rectangle. T is a point on PQ such that RTQ is an isosceles triangle and PT = 5 QT. If the area of triangle RTQ is 12 √3 sq.cm, then the ar...
O is the Centre of the circle passing through the points A, B and C such that ∠BAO=30 ° , ∠BCO=40 ° and ∠AOC=x ° , what is the value of x?
...The perimeter of a rhombus is 36 m and its height is 8 m. Its area is:
(155/3)% of the raindrops could have been collected, when 4 cm of rain has fallen on a part of land of area 3 km2, in a tank having a 200 m �...
The cost of fencing a rectangular field at the rate of Rs. 4/metre is Rs. 280. If the length of the field is 11 metres more than its breadth, then find ...
Lateral surface area of a cube is 420 cm2 less than the lateral surface area of a cylinder. Height of cylinder is 2R cm and radius is R cm. I...
The average weight of a group of five persons, A, B, C, D, and E is 78 kg. If another person K joins the group then the average weight of the group is d...
- Consider a rectangle with length 25 cm and breadth 15 cm. If the length is increased by 10% and the breadth is decreased by 40%, determine the perimeter of...
