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You're given the following two equations representing the market for loanable funds: Q L = 20 + 2.2r Q L = 67 - 3.3r. What
- You're given the following two equations representing the market for loanable funds: QL = 20 + 2.2r QL = 67 - 3.3r. What is the horizontal-intercept value of the supply of loanable funds curve? Please round to 2 decimal places.
- You're given the following two equations representing the market for loanable funds: QL = 11.8 + 3.9r QL = 50.1 - 3.2r . What is the equilibrium real interest rate? Please round to 2 decimal places and do not include any percentage sign.
- The fictitious country of Pamopolis is expected to have an average annual growth rate of GDP per-capita of 1% for the foreseeable future. How many years will it take Pamopolis's GDP per-capita to double? Please round to 2 decimal places
- The fictitious country of Pamopolis saw its GDP per-capita increase from $692 in 1875 to $3,753 in 1918. What was the average annual growth rate over this time? Enter percentage and round to 2 decimal places. Do not include the percent sign. For example, if your answer is 5.347% you would enter 5.35.
- The GDP per-capita increased from $25,887 in 2016 to $27,036 in 2017 for a fictitious country named Pamopolis. What was the growth rate in 2017? Enter percentage and round to 2 decimal places. Do not include the percent sign. For example, if your answer is 5.347% you would enter 5.35
6 . In endogenous growth theory, labor would be considered _______ whereas a new technology developed by labor would be considered _______.
a capital; a technology
an object; an idea
a technology; a capital
an idea; an object
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