(b) Show that Home's II schedule can be written as $$ I_1(r) = K_2 - K_1 =...

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(b) Show that Home's II schedule can be written as

$$ I_1(r) = K_2 - K_1 = \left( \frac{\alpha A_2}{r} \right)^{\frac{1}{\alpha}} - K_1 $$

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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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(b) Show that Home's II schedule can be written as $$ I_1(r) = K_2 - K_1 =...

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Foundations Of International Macroeconomics

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