Answer:
80
Explanation:
Given the Solow Formula Y = [tex]K^{0.5} *L^{0.5}[/tex] in the question, we have:
Capital K = 64
Labors L = 100
Substituting the number for K and L into the equation, we have:
[tex]Y=64^{0.5} *100^{0.5}[/tex]
Y = 8 * 10
Y = 80
Please Note:
Country B's production function is Y = F(K,L) = K0.5 L0.5 is not correctly stated as the real Solow Model using equation format in the question. This has therefore been done under the explanation above and now correctly stated as Y = [tex]K^{0.5} *L^{0.5}[/tex] .
