# macroeconomics

Can someone point me in the right direction on how to solve this?

1. Suppose you have an economy with two factors of production (capital and labor), and suppose that capital's share of national income is 40% and that labor's share is 60%. Assume also that the annual growth rates of labor and capital are, respectively, 5% and 3%.
A. If technology does not increase over time, how much does output grow each year?

B. If technology grows at a 2% rate each year, how much does output grow each year.
No one has answered this question yet.

1. 👍
2. 👎
3. 👁

## Similar Questions

1. ### pre algebra

1. Solve the equation. –9v – 5 = –95 (1 point) 17 11 10 –10 2. Solve the equation. x over four – 5 = –8 (1 point) –27 –12 –7 12 3. Solve the equation. p over five + 6 = 10 (1 point) 44 30 20 –20 4. Solve the

2. ### Geometry

If vector v has an initial point at (2, 3) and a terminal point at (6, 6) and vector w has an initial point at (3, 2) and a terminal point at (6, 6), are the two vectors equivalent? A) Yes, they have the same magnitude and same

3. ### Physics

Two horizontal forces, F1-> and F2-> , are acting on a box, but only F1->is shown in the drawing. F2-> can point either to the right or to the left. The box moves only along the x axis. There is no friction between the box and the

4. ### Math

1. 5h – 9 = –16 + 6h (1 point) 4 –7 7 10 2. 4x + 4 = 9x – 36 (1 point) –8 –7 8 –3 3. Which of the following equations has an infinite number of solutions? (1 point) 3x – 3 = –4x 2y + 4 – y = 16 7x + 5 = 4x + 5

1. ### Physics

The figure below shows two current carrying wires and the directions of the currents they carry. The wires carry the following currents: I1 = 7.1 A and I2 = 8.9 A. Wire 1 is at (0, 5.8) mm; wire 2 is at (15.1, 0) mm; point P is at

2. ### Physics

A particle has a charge of +1.5 µC and moves from point A to point B, a distance of 0.18 m. The particle experiences a constant electric force, and its motion is along the line of action of the force. The difference between the

3. ### Physics

How do I solve this problem? The answers were given. Two point charges are separated by 25.0 cm. Find the net electric field these charges produce at: (a) point A (Ans: 8740 N/C, to the right) (b) point B (Ans: 6540 N/C, to the

4. ### Linear Algebra

Let L1 be the line passing through the point P1=(9, −1, 15) with direction vector →d1=[−2, −1, −3]T, and let L2 be the line passing through the point P2=(9, 4, 8) with direction vector →d2=[−2, −1, −1]T. Find the

1. ### Algebra

can somebody please help me with this question I've spent more than 3 hours on this, still nothing Let L1 be the line passing through the point P1=(2, −4, −6) with direction vector →d1=[1, 0, 2]T, and let L2 be the line

2. ### Mathematics

Which equation could be used to solve for a value, x, that is equal to 5 times the sum of x and 12? * 1 point x = 5x = 12 5x = x + 12 x = 5(x + 12) x = x + (5)(12) The expression below represents the perimeter of a square in

3. ### Math

Suppose you start at the point (0,0,3) and move five units along the curve x=3sint, y=4t, z=3cost in the position direction. Where are you now?

4. ### physics

A car initially traveling eastward turns north by traveling in a circular path at uniform speed as in the figure. The length of the arc ABC is 214 m, and the car completes the turn in 40.0 s (Figure shows coordinate plane with