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Consider a numerical example of the Solow model. Assume that n= 0.1 s= 0.2 d= 0.3 z= 4 F(K,N)=K 1/2 N 1/2 Find the golden
Consider a numerical example of the Solow model.
Assume that
n= 0.1
s= 0.2
d= 0.3
z= 4
F(K,N)=K1/2N1/2
Find the golden rule consumption per person.
A.
20
B.
10
C.
1.6
D.
16
E.
None of the above
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