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1. Consider the following Cobb-Douglas production function: Y = AKL]-@ with 0 1. Consider the following Cobb-Douglas production function: Y = AKQLIO with O <

1. Consider the following Cobb-Douglas production function: Y = AKL]-@ with 0

1. Consider the following Cobb-Douglas production function: Y = AKQLIO with O < a < 1.1 Derive expres- sions for the steady state levels of capital and output per person in the Solow model.

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