0 49 61 % 19.54 esc 106 CHAPTER 4 Popularion and Economic Growth the steady-stat
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0 49 61 % 19.54 esc 106 CHAPTER 4 Popularion and Economic Growth the steady-state level of income per capita be? 10. Consider a Malthusian model in which the equa- tion that relates the population growth rate to dal in which the equa- Shr a. Suppose that A is constant. What will income per capita is b. Now suppose that A grows at a rate of 10% 0.1). what will be the -100 hat is, A per year (t steady-state level of income per capita? Explain what is going on. 100 Let X be the total quantity of land in the economy, which is fixed. Let x be the quantity of land per capita. The function that relates land per capita and income per capita is y=Ax where A is a measure of productivity For additional exploration and practice using the Online Data Plotter and data sets, please visit http://www.ro 780321795731 OCR Rotate Mark Recognize NoteExplanation / Answer
Primary Markets are those where the company or the original issuers sell the stock through initial public offer. Primary markets are more liquid and the stock here is offered in public for the first time.
Usually Secondary markets are critical to firms who want to raise capital . Secondary markets are usually not considered good for long term investment and growth . In secondary market the stocks are transferred by one investor to another. Therefore, sometimes the secondary market lack liquidity. In stock market the stock prices are based on demand and supply factor which indirectly affect future investment in the Company . Thus secondary markets are not preffered over and above the primary market when a firm want to raise capital because companies are not directly involved in the secondary market
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