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A country's aggregate production (per worker) function is = 60. The depreciation rate is d = 0.125, population growth rate is n = 0.02, saving
A country's aggregate production (per worker) function is = 60. The depreciation rate is d = 0.125, population growth rate is n = 0.02, saving rate is s = 0.25.
- What would be the golden steady-state consumption per worker?
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