the return to capital, r is roughly constant over time. does a Solow economy - with positive

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the return to capital, r is roughly constant over time. does a Solow economy - with positive growth on population and technology - on a balanced growth path exhibit this property? what are the growth rates of w and r on a balanced growth path ?

Posted Date: Apr 24, 2024 01:47 AM

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the return to capital, r is roughly constant over time. does a Solow economy - with positive

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In a Solow economy on a balanced growth path the return to capital r is not constant over time The b... View the full answer

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