What would gross savings rate have to be to achieve growth, Microeconomics

+44 141 628 6080
[email protected]

What would gross savings rate have to be to achieve growth

Assume a closed economy, perfectly elastic labor supply, and linear technology. Suppose the incremental capital-output ratio (ICOR) is 3, the depreciation rate is 3%, and the gross savings rate is 10%. Use the Harrod-Domar growth equation to determine the rate of growth. What would the gross savings rate have to be to achieve 5% growth?

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What would gross savings rate have to be to achieve growth

Reference No:- TGS071370

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : Capital expenditures or revenue expenditures

Identify the following expenditures as capital expenditures or revenue expenditures:

Q : At which level of production starts stage two of production

At which level of production starts stage two of production? Over which range of production, the marginal product of the variable input would be increasing in the short run.

Q : What was total standard cost for variable overhead for may

The Clark Company makes a single product and uses standard costing. Some data concerning this product for the month of May follow:

Q : Protection is necessary for young industries to grow up

Which of the following is the most accurate statement? A. Protection is necessary in order for young industries to grow up and be successful. B. Protection is not necessary for an industry to grow.

Q : What would gross savings rate have to be to achieve growth

The gross savings rate is 10%. Use the Harrod-Domar growth equation to determine the rate of growth. What would the gross savings rate have to be to achieve 5% growth?

Q : What is the dividend yield

ABC, Inc. has earnings per share of $1.44. The newspaper shows a P/E of 23 and a dividend of $1.39 for shares of ABC, Inc stock. What is the dividend yield?

Q : Draw budget constraint and identify optimal combination

Draw the budget constraint (with books on the horizon axis)and identify the optimal combination of books and movies as point A.

Q : Signing bonus at the date of employment

Garland Inc. offers a new employee a lump sum signing bonus at the date of employment, June 1, 2011. Alternatively, the employee can take $39,000 at the date of employment plus $10,000 each June 1 for five years, beginning in 2015.

Q : What was total sales price of tvs sold by ed

tvs are on consignment, tvs cost $180. ed sold 30 tvs & pd freight of $400. sent TV Inc an account sales & $8600. expenses were deducted: $400 freight, $260 advertising, $140 delivery. what was total sales price of tvs sold by ed ?

1947694

Questions
Asked

3,689

Active Tutors

1426059

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What would gross savings rate have to be to achieve growth

Reference No:- TGS071370

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Capital expenditures or revenue expenditures

Q : At which level of production starts stage two of production

Q : What was total standard cost for variable overhead for may

Q : Protection is necessary for young industries to grow up

Q : What would gross savings rate have to be to achieve growth

Q : What is the dividend yield

Q : Draw budget constraint and identify optimal combination

Q : Signing bonus at the date of employment

Q : What was total sales price of tvs sold by ed

Why might educators find talking about race particularly

Identify the change william wants to make

What culture we get from video katt williams unleashed

Construct a demographic profile for your community

Which items were key in changing citizens attitude

What are the contributing factors to racial segregation

Creating and embracing a modern definition of christmas

Request for Solution File

Ask an Expert for Answer!!

Microeconomics: What would gross savings rate have to be to achieve growth

Reference No:- TGS071370

Recent Questions Asked Microeconomics

Q : Capital expenditures or revenue expenditures

Q : At which level of production starts stage two of production

Q : What was total standard cost for variable overhead for may

Q : Protection is necessary for young industries to grow up

Q : What would gross savings rate have to be to achieve growth

Q : What is the dividend yield

Q : Draw budget constraint and identify optimal combination

Q : Signing bonus at the date of employment

Q : What was total sales price of tvs sold by ed

Asked Questions