{ "cells": [ { "cell_type": "markdown", "metadata": {}, "source": [ "# Quiz 3 Support" ] }, { "cell_type": "markdown", "metadata": {}, "source": [ "(1)   $ Y = K^{\\alpha}(EL)^{1-\\alpha} $\n", "\n", " \n", "\n", "(2)   $\\frac{Y}{L} = \\left(\\frac{K}{L}\\right)^{\\alpha}E $\n", "\n", " \n", "\n", "(3)   $ln(Y) = \\left(\\frac{\\alpha}{1-\\alpha}\\right)ln(K) + ln(L) + ln(E) $\n", "\n", "----" ] }, { "cell_type": "markdown", "metadata": {}, "source": [ "(1)   $ \\left(\\frac{Y}{L}\\right)^* = \\left(\\frac{s}{n+g+\\delta}\\right)^\\left(\\frac{\\alpha}{1-\\alpha}\\right)E $\n", "\n", " \n", "\n", "(2)   $ \\left(\\frac{K}{Y}\\right)^* = \\frac{s}{n+g+\\delta} $\n", "\n", " \n", "\n", "(3)   $ {\\left(\\frac{K}{Y}\\right)^*}^{\\alpha} = \\frac{s}{n+g+\\delta} $\n", "\n", " \n", "\n", "(4)   $ \\left(\\frac{K}{Y}\\right)^* = \\frac{s}{n+g+ng+\\delta} $" ] } ], "metadata": { "kernelspec": { "display_name": "Python 3", "language": "python", "name": "python3" }, "language_info": { "codemirror_mode": { "name": "ipython", "version": 3 }, "file_extension": ".py", "mimetype": "text/x-python", "name": "python", "nbconvert_exporter": "python", "pygments_lexer": "ipython3", "version": "3.6.5" } }, "nbformat": 4, "nbformat_minor": 2 }