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A country has the following aggregate production function F(K,AN) = KHAN? , 1 > (I > 0. If the depreciation rate of capital 5 is

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A country has the following aggregate production function F(K,AN) = KHAN?\" , 1 > (I > 0. If the depreciation rate of capital 5 is equal to 0.02, Population growth rate 0 is 0.03, the growth rate of technology 1! is 0.05 and (I: 0.5 ~ what is the saving rate that can lead to the Golden-rule of capital stock {in terms of per effective worker]? (A) 0.02 {a} 0.03 (C) 0.1 {0) 0.5 %

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