Question: (b) (2 pts) Now assume that the production function is now written as: Y3: = (AtNtllK? . Also, assume that the population grows at a

(b) (2 pts) Now assume that the production function is now

(b) (2 pts) Now assume that the production function is now written as: Y3: = (AtNtllK? . Also, assume that the population grows at a constant rate 11, and productivity grows at a constant rate g. Implying: E\" 'L' | 1: _|_ 3 E' In addition, assurne that capital depreciates at rate 6, where 0

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