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Social Studies, 06.09.2019 18:30 rainbowboi

In a solow model with technological change, if population grows at a 2 percent rate and the efficiency of labor grows at a 3 percent rate, then in the steady state, output per effective worker grows at a percent rate.

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In a solow model with technological change, if population grows at a 2 percent rate and the efficien...
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