問題詳情

2、(35%)Tlieproduction function in an economy is

where Y is the real ouput, A is productivity and N is the labor input. With this production function, the marginal product of labor is 

 Suppose A-2. The labor supply curve is 

 where Ns is the amount labor supplied, w is the real wage. Desired consumption and investment are 

 Taxes and government purchases are

 Money demand is 

The expected rate of inflation,  is 0.02, and nominal money supply M is 9150. Now what are the general equilibrium values of real wage( w), employment (N), output(K), real interest rate( r), consumption
(C), investment (I), and price level(P)?

參考答案

答案:B
難度:簡單0.780822
統計:A(5),B(57),C(1),D(3),E(0)