DSE 2011 QUES NO. 55,56,57 N 58

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DSE 2011 QUES NO. 55,56,57 N 58

sunny2009
@ amit sir..........
how should i go ahead in question no. 55,56,57 n 58 of DSE 2011???
plzzz explain in detail
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Re: DSE 2011 QUES NO. 55,56,57 N 58

sonudelhi
55. first convert the production function in per capita terms
       that is y=20sqtk
       at steady state sf(k)-nk=0
                          implies k=2500
56. growth rate of agg. output in steady state=growth rate of labour force=n=1/10

57.for golden rule value:
           MPK=n
          10/sqtk=1/10

           k=10000
58.c=f(k)-nk
      =20*100-1/10*10000
       =1000
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Re: DSE 2011 QUES NO. 55,56,57 N 58

sunny2009
@sonu
thank u so much :)
will u plzz help me in solving QUES NO. 36 AND QUES NO. 40 of DSE 2011??
tim
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Re: DSE 2011 QUES NO. 55,56,57 N 58

tim
In reply to this post by sunny2009
hey for q35 m nt gettng the answer....cn someone temme how did they do it ??