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Assume the production function per worker is: Yt = k. Demonstrate that this economy will not tend toward a steady-state level of capital per
Assume the production function per worker is: Yt = k. Demonstrate that this economy will not tend toward a steady-state level of capital per worker.
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Macroeconomics
Authors: Charles I. Jones
3rd edition
978-0393123944, 393123944, 393923908, 978-0393923902
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