Hi, please kindly give a try in this question, please feel free to provide any diagrams if
Fantastic news! We've Found the answer you've been seeking!
Question:
Hi, please kindly give a try in this question, please feel free to provide any diagrams if it helps you to explain it,(no diagram is still fine) thanks a lot!
Illustrate the effects on the steady state capital stock of the following shocks and explain the results:
(a) An increase in the depreciation rate.
(b) An increase in the mark-up.
(c) Consumers become more impatient.
Posted Date: