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(c) Assume this country is in the steady state before an exogenous shock happens. Now, s, saving rate, permanently increases, graphically and intuitively explain the

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(c) Assume this country is in the steady state before an exogenous shock happens. Now, s, saving rate, permanently increases, graphically and intuitively explain the short run change in k (capital/labor ratio), i (investment/capital ratio), c (conxumption/labor ratio), and long run as well

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