1. In the Solow growth model, an economy in the steady state with a population growth
rate of n but no technological growth will exhibit a growth rate of output per worker at
D) (n + ).
2. In the Solow growth model, with a given pro
(1) Find the interval of convergence for the series. (Here n 1)
x / loge (n + 2)
(1)n (x 2)n /nn
P n(n + 1)(n + 2) n
(2) Show that for |x| < 1,
Also show that for |x| > 1,
1. The interaction of the IS curve and the LM curve together determine:
A) the price level and the inflation rate.
B) the interest rate and the price level.
C) investment and the money supply.
D) the interest rate and the level of output.
Use the followin