Chapter 3 Flashcards
1
Q
Desired capital stock
A
(MPK^t+1)/(1+μ)-δ=r^t+1
2
Q
Desired Capital stock for a given demand
A
K^d=(α/(1+μ)(r+δ))Ye
Econ 2 Macro > Chapter 3 > Flashcards
Desired capital stock
(MPK^t+1)/(1+μ)-δ=r^t+1
Desired Capital stock for a given demand
K^d=(α/(1+μ)(r+δ))Ye