1 aggregate output is produced with population


1. Aggregate output is produced with 908_Draw the graph of the law of motion of capital per worker.png, population of workers grows according to 795_Draw the graph of the law of motion of capital per worker1.png, capital stock evolves according to 943_Draw the graph of the law of motion of capital per worker2.png, and saving rate is s.

a. Derive the law of motion of capital per worker.

127_Draw the graph of the law of motion of capital per worker3.png

b. Draw the graph of the law of motion of capital per worker, and indicate the steady state.

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Econometrics: 1 aggregate output is produced with population
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