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1.3. Suppose that the economy begins from steady state when it experiences a one-time permanent increase in 8. Using diagrams with time on the horizontal
1.3. Suppose that the economy begins from steady state when it experiences a one-time permanent increase in 8. Using diagrams with time on the horizontal axis, show the effect that this increase in @ has on the time-paths for log-output-per-effective- person and log-output-per-person. (20%
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