Practice Problem Solutions - Practice Problem Solutions...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Practice Problem Solutions Chapter 1: #5 % 86 . 2 0286 . 1 ) 1 ( ) 1 ( 433 , 1 971 , 23 $ 100 = = + + = r r r 987 , 400 $ ) 0286 . 1 ( 971 , 23 $ 2100 100 2100 = = GDP GDP #6 1895 110 2005 9 . 109 ) 019 . 1 ln( ) 915 . 7 ln( ) 019 . 1 ( 650 , 4 $ 806 , 36 $ = = = = year n n #7 2042 37 2005 40 . 37 ) 022 . 1 ln( ) 073 . 1 ln( ) 955 , 5 ln( ) 806 , 36 ln( ) 073 . 1 ( 955 , 5 $ ) 022 . 1 ( 806 , 36 $ = + = = = year n n n
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon