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Assume an economy is currently at the Golden Rule steady state. Both the population growth rate and the technology progress increase from 1% to 2%.

Assume an economy is currently at the Golden Rule steady state. Both the population growth rate and the technology progress increase from 1% to 2%. How should the depreciation rate be adjusted to maintain the economy at the Golden Rule level? decrease 1 percentage point increase 1 percentage point increase 2 percentage points remain the same decrease 2 percentage points

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