Question: In the Augmented Solow model (no labour augmenting technology, only growing population), steady-state aggregate output grows at the rate of population growth, but the growth

In the Augmented Solow model (no labour augmenting technology, only growing population), steady-state aggregate output grows at the rate of population growth, but the growth of output per worker is zero. Would this hold if the production function exhibited decreasing returns to scale? Explain in no more than five sentences. T: FI B ini 5 I X2 1 *

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