In Solow model, a higher steady state capital-to-labor ratio k is always associated with higher welfare

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Macroeconomics

ISBN: 978-1464168505

5th Canadian Edition

Authors: N. Gregory Mankiw, William M. Scarth

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Posted Date: May 27, 2022 04:23 AM

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In Solow model, a higher steady state capital-to-labor ratio k is always associated with higher welfare

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Macroeconomics

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