题目
题目

FA25 ECON 302 002 Midterm Exam #2 (Chapters 5-6): Sample Questions

数值题

If this economy has 1,000 workers in total, what is total GDP at time t, i.e., what is 𝑌 𝑡 ? Round your answer to the nearest integer. Hint: Take advantage of the fact that 𝐾 𝑡 = 𝑘 𝑡 × 𝐿 𝑡 and/or 𝑌 𝑡 = 𝑦 𝑡 × 𝐿 𝑡 .

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思路分析
We start by restating what we know from the prompt and then lay out the steps to compute total GDP, noting any missing information. - The question asks for total GDP at time t, Y_t, given there are 1,000 workers in total (L_t = 1000). It also hints that Y_t can be expressed as Y_t = y_t × L_t and K_t = k_t × L_t, i.e., GDP is the per-worker GDP times the number of workers, and simila......Login to view full explanation

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