Question
βAβ is 4 years younger than βBβ and 6 years
elder than βCβ. If the present age of βBβ and βDβ is 28 years and 20 years, respectively, then find the ratio of present age of βCβ to present age of βDβ.Solution
Present age of βAβ = 28 β 4 = 24 years Present age of βCβ = 24 β 6 = 18 years Required ratio = 18:20 = 9:10
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T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
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