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Unformatted text preview: Homework #4 Due Date Wednesday October 26, 2011 by 3 p.m. 10 points possible Please answer all questions in a neat and orderly fashion. If I cannot read it, I cannot grade it. Show your work as necessary for full credit. I do not need to see every step but I need to be able to follow how you arrived at the answer. Draw graphs neatly and large enough so I can read them. Label each axis and each curve. Use arrows to indicate the direction of a shift. Illegible homework will not be graded. Please type if you have to. Late homework policy: no late homework will be accepted this time. You may email your homework to me in an attachment. It must be a pdf file that I can easily open. I must be able to read it or it will count as illegible. 1. Consider an economy with a constant state of technology, a population growth rate of 2% per year, and a rate of capital depreciation of 3% per year. Assume this economy is in a steady state....
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This note was uploaded on 11/08/2011 for the course ECO 3203 taught by Professor Yang during the Fall '10 term at University of Central Florida.
- Fall '10