3. Assume that n > 0, but g = 0, more or less as considered by the...

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3. Assume that n > 0, but g = 0, more or less as considered by the classical economists.

Describe how the real rates, r,, w, and v, evolve over time. If there is a fixed number of landlords owning the land, how will their life conditions evolve compared to the conditions of the workers?

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