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Please help me solve A, B, and C and include the drawn graph in C. Question 3 (22 points total; 15 minutes total) Suppose the
Please help me solve A, B, and C and include the drawn graph in C.
Question 3 (22 points total; 15 minutes total) Suppose the economy can be dened by the following (three versions): s=20% s=24% s=25% n=2% n=2% n=1% g=1% g=2% g=2% 5=2% 8=4% 5=2% u= 1/3 d= 1/3 u=1/3 A. (12 points) In BGE, what are the values or expressions for the values of K/Y, Y/L, and K/L? You must write down the formulas you are using, then plug in the values, then simplify or no credit. If you cannot complete the math without a calculator, go as far as you can to receive the most partial credit. Please put a box around each answer. (4 points) If K/L = $100,000 and Y/L = $50,000, is this economy in BGE? How do you know? (6 points) Draw a graph that depicts BGE. Show the approximate location of the point described in b
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