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On January 1, 2026, each of Boblandia's 100 workers has $2 in physical capital. Over the course of the year, it physical capital depreciates by
On January 1, 2026, each of Boblandia's 100 workers has $2 in physical capital. Over the course of the year, it physical capital depreciates by 7%, and the number of workers increases by 4%. How much does Boblandia have to invest in 2026 to make sure that its capital to labour ratio is the same on January 1, 2027 as it was on January 1, 20267 Round to two decimal places, and do not enter the currency symbol, If you answer is $6.125, enter 6,10
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