This question requires that you use the law of motion of capital, the production function, and the national income accounts identity. Suppose that a nation’s production function is Y_t = F(K_t, L_t) = K_t^{\alpha}L_t^{1-\alpha}
You have the following information:
The share of income paid to owners of capital \alpha = \frac{1}{3}
The rate of depreciation, \delta = 1
The savings rate s=.15
The initial capital stock K_0=1
The labor supply, for all t\geq 0 is L_t=5
Assuming that L_t is the number of workers, What is the long run level of output per worker?
Please give an exact answer. This question will accept any answer within .1 of the exact answer

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?