Homework3 - xplain how this shock is predicted to affect...

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Unformatted text preview: xplain how this shock is predicted to affect the following in the short run: apital per worker: eal Output: eal Output per worker: avings per worker: otal Savings: epreciation per worker: otal Depreciation: xplain how this shock is predicted to affect the following in the long run: apital per worker: eal Output: eal Output per worker: avings per worker: otal Savings: Homework #3 ECO362 Summer II 2010 Tuttle Homework #3 is due Wednesday, July 28, 2010 at the start of class. Late homework will not be accepted, no exceptions. Staple all sheets together before you turn-in this homework assignment. Failure to do so will result in a reduction of your grade. Answer each question in full, and be sure to write clearly. You must show your work to receive full credit. 1. Suppose civil war in neighboring country creates a mass inflow of individuals into your country. This creates a one-time increase in your population, but doesn’t change the rate of population growth. Further, assume that these individuals are here increase in your population, but doesn’t change the rate of population growth....
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This note was uploaded on 06/20/2011 for the course COM 363 taught by Professor ? during the Spring '10 term at Sam Houston State University.

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Homework3 - xplain how this shock is predicted to affect...

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