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{2.2 Consider the .'Solmllir growth model. Suppose that F [K |.N]= Hull 1with 11:11.1, 5:01, 11:01]], and 1:] and take a period to he one

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{2.2 Consider the .'Solmllir growth model. Suppose that F [K |.N]= Hull\" 1with 11:11.1, 5:01, 11:01]], and 1:] and take a period to he one year. [15 marks} b. Now suppose that the economy is ii:|itia]11.r in the steady state that you calculated in part a= and savings increases to s=_4_ Determine capital per worker, income per capita, and consumption per capital in the new.T steady state. {4 marks)

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