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29. At long run equilibrium of Solow growth model, saving rate of profit earner and wage earner are so=0.3 and sw=0.1. In order to maximized
29. At long run equilibrium of Solow growth model, saving rate of profit earner and wage earner are so=0.3 and sw=0.1. In order to maximized consumption per worker at long run equilibrium, which of the following must be true? a) only sp rises b) only Sw falls c) sp rises and Sw falls d) sp falls and Sw rises e) need other information
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