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Business, 19.02.2020 01:48 homeworkprincess

Consider the economy of a small country that has capital stock equal to 900 units. It saves 20% of its output with a depreciation rate of 10% and a production function of Y = k1/2. How much investment takes place for this small country? a) 180 units b) 3 units c) 90 units d) 6 units

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