Suppose y = k1/2, total factor productivity is constant and equal to 1, s = 0.40, and d = 0.10. When the economy reaches the steady state, consumption per worker is ________

The gross domestic product of a small country which has a population of 200,000 is $56,000,000. The income per capita of the country is ________

A) $280 B) $200 C) $50 D) $100

Which of the following contributed to the Asian Crisis?

A. Borrowers in the Asian countries scrambled to sell local currency to establish hedges against exchange-rate risks. B. The strong capital inflows from the industrialized countries mainly provided financing for large fiscal deficits in the Southeast Asian countries. C. The Hong Kong dollar was allowed to depreciate. D. The currencies of most of the Asian countries were substantially undervalued.