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1. Consider the OLG model with logarithmic utility and Cobb-Douglas production function. Describe how each of the following affects kt+1 as a function of kt:

1. Consider the OLG model with logarithmic utility and Cobb-Douglas production function. Describe how each of the following affects kt+1 as a function of kt: (a) A decrease in n. (b) A rise in a

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