Golden Rule Level of Capital Assume an economy has the following production function: Y = F(K, L) = 24K0.25L 0.75 2 Assume that the savings rate is 0.08, the depreciation rate is 0.06, and the population growth rate is 0.045. You may assume that the rate of technological progress is equal to 0. Round your answers to two decimal places. (a) Briefly define the Golden Rule level of capital. (b) Calculate the Golden Rule level of capital stock per worker. (c) What is the savings rate associated with the golden rule level of capital? (d) What is the consumption level at the golden rule steady state?

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45

An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production