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1.2. In year 1, the initial capital stock per worker of the country is. The economy presents the following characteristics: -The depreciation rate is 10%

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1.2. In year 1, the initial capital stock per worker of the country is. The economy presents the following characteristics: -The depreciation rate is 10% *The savings rate is 30%. b. Find k,y,c,i, , and for year 1,2,3 and 4. c. Find the steady state of this economy: 1.3. Assume that the depreciation rate is 10%, the savings rate is 30%, and Use the equation of capital motion: To solve for the-steady state values of k,y, and c. Note: Start by solving for k 2. Predictions: * The Solow model predicts that countries with higher rates of saving and 1.2. In year 1, the initial capital stock per worker of the country is. The economy presents the following characteristics: -The depreciation rate is 10% *The savings rate is 30%. b. Find k,y,c,i, , and for year 1,2,3 and 4. c. Find the steady state of this economy: 1.3. Assume that the depreciation rate is 10%, the savings rate is 30%, and Use the equation of capital motion: To solve for the-steady state values of k,y, and c. Note: Start by solving for k 2. Predictions: * The Solow model predicts that countries with higher rates of saving and

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