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The Long-Run Model of Chapter 4

March 3, 2025 at 4:07 AMv4

[Verse] In the book of numbers we dance in the halls Where the market sings and the capital falls We dive deep under with our graphs and charts To find the heartbeat of economic arts [Verse 2] Labor's a dance that never gets old Workers are stories waiting to be told Capital’s the fuel for this old machine Turning the wheels of this economic dream [Chorus] In the model of Chapter 4 using the production function With all capital and labor yields real output rental rate wage All else only divides the spoils in this economic rage [Verse 3] We juggle supply while demand takes the stage In this grand show we turn the page With every input and every wage Economy sings from cage to stage [Chorus] In the model of Chapter 4 using the production function With all capital and labor yields real output rental rate wage All else only divides the spoils in this economic rage [Bridge] Graphs on the wall they speak the truth Equilibrium dances in the voting booth Invisible hand conducts the show As the markets sway to and fro

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