function given qta0lt6kt4 ltl0e03t ktk0e02t1


Function given: Qt=A0Lt^6Kt^4, Lt=L0e^.03t, Kt=K0e^.02t

1. Growth of labor is continuously compounded at 3%

2. Growth of Capital is continuously compounded at 2%

Solve:

1. Derive a formula for the growth of output from year 0 to t?

2. Derive an expression for ln(Qt)

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Macroeconomics: function given qta0lt6kt4 ltl0e03t ktk0e02t1
Reference No:- TGS0389840

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