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 corresponding steady-state value of aggregate output is:Solution
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word and click the button corresponding to it.
- Select the INCORRECTLY spelt word.
In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spe...
In each group, one word is correctly spelt. Find the correct word.
In the following question, four words are given, out of which only one word is correctly spelt. Find the correctly spelt word.
In each question below, four words that are numbered a, b, c, and d have been printed of which one may be wrongly spelt. The number of that word is the ...
- Choose the misspelled word:
Despite the neccessity of immediate action, the proposal was delayed due to bureaucratic hurdles.
... (a) Tariff (b) Tarriff
(c) Tarif (d) Tarrif
In each of the following sentences given below, four words have been printed in bold. One of these words may be misspelt or inappropriate in the contex...
Find the correctly spelt word.
