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1. Consider the Solow growth model without productivity growth. The production func- tion is K1/312/3, population growth is n = .01, and depreciation is d
1. Consider the Solow growth model without productivity growth. The production func- tion is K1/312/3, population growth is n = .01, and depreciation is d = .05. Define the Golden Rule and find the saving rate s that achieves the Golden Rule. Show your work
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