Suppose the growth of production in country B follows solow Model.country B's production function is Y=F(k,L)=K^0.5 L^0.5. Country B has 100 prople(labors) and 64 units of capital K in year 1.The population growth rate n=0.21 and the saving rate s=0.1.There is no depreciation in capital K.

For country B,what is the production per capita in Year 2?

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Okay lets solve this stepbystep Year 1 Population L1 10... View the full answer