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1. Suppose that the capital to GDP ratio in the United States in 2014 was 2.5, that is, KyS/iqus = 2.5 in 2014. Use this

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1. Suppose that the capital to GDP ratio in the United States in 2014 was 2.5, that is, KyS/iqus = 2.5 in 2014. Use this information and the production technology given above to deduce the value of A. Use this value throughout the remainder of this exercise

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