Question: Question 3 - land in the Solow model Question 2.11 in the Acemoglu book Consider a modied version of the continuous-time Solow growth model where

Question 3 - land in the Solow model Question 2.11 in

Question 3 - land in the Solow model Question 2.11 in the Acemoglu book Consider a modied version of the continuous-time Solow growth model where the aggregate production function is F(K, L, Z) = LK\"Z1*O'*5 where Z is land, available in fixed inelastic supply. Assume that a + 3 00? c. Would you expect the population growth rate n or the saving rate 3 to change over time in this economy? If so, how

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