(a) Investment is determined so that the marginal product of capital equals r. Show that this equality...

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(a) Investment is determined so that the marginal product of capital equals r. Show that this equality implies Intertemporal Trade and the Current Account Balance

$$ K_2 = \left( \frac{\alpha A_2}{r} \right)^{\frac{1}{\alpha}} $$

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Foundations Of International Macroeconomics

ISBN: 9780865716513

1st Edition

Authors: Rogoff, K.

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Question Posted: Nov 13, 2024 03:00 AM

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(a) Investment is determined so that the marginal product of capital equals r. Show that this equality...

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Foundations Of International Macroeconomics

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