Question

Consider ye K 1/ 3 2
S = 101.
y = (K ) 1 3
= 4 13
J = 31.
at steady state
f (k )
k
= 10
* 1/ 3
3
10
3/ 2
(as The capital share of national income: 2sue)
y = * 13 / Y = K 13 2 2 3
( b )
The
marginal product…Macroeconomics