For a decade after the Land Ordinance of 1785, pioneering in parts of the Northwest Territory was restricted by all of the following except

The expected inflation rate is the

A) same as the actual inflation rate. B) inter-annual, non-energy inflation rate. C) inflation rate that people forecast and use to set the money wage and other money prices. D) rate that people expect the Bureau of Labor Statistics to announce each month, on which bookies take bets. E) inflation rate that the Federal Reserve system announces as the policy goal for the year.

In the Solow model, if f(k) = 2k0.5, s = 0.3, n = 0.05, and d = 0.15, what is the value of k at equilibrium?

A) 1 B) 3 C) 6 D) 9