omic growth fifirst happen? What are the major institutional factors that form the foundation for modern economic growth? What do they have in common?…
September 15, 2020
In the Solow model with population growth (n%)and with technological growth (g%), at what rate does the per capita income grow in steady state?
September 15, 2020

Benson’s established a trust fund that provides $125,000 in college scholarships each year. The trust fundearns a rate of return of 6.15 percent and distributes only its annual income. How much money did Benson’scontribute to establish the trust fund?

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