As a source of funds for nonfinancial businesses, stocks are relatively more important in

Suppose your bank pays you 5 percent interest per year on your savings account. If prices increase by 5 percent per year over that time, approximately how much real value do you gain by keeping $100 in the bank for a year?

A) $0 B) $1 C) $3 D) $6

Consumption per worker is 72, depreciation is 12.5%, and capital per worker is 64. Given the production function y = 20 , show that this economy is in a steady state

If the saving rate should double, what is the new steady-state level of consumption per worker?