Question: Consider a basic Solow-Swan model with constant labour force L and constant total factor productivity A. Suppose the saving rate is 0.3 and the depreciation
Consider a basic Solow-Swan model with constant labour force L and constant total factor productivity A. Suppose the saving rate is 0.3 and the depreciation rate is 0.05 . Suppose also that steady-state output per worker is 100. Steady state investment per worker is
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