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Consider a shock to the fraction of persons engaged in R&D in the United States that reduces the fraction by 20%. At the time of

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Consider a shock to the fraction of persons engaged in R&D in the United States that reduces the fraction by 20%. At the time of the shock would the following increase, decrease, or be unchanged? Briefly explain and support your explanation with the appropriate equation(s). (a) gE. (b) k*. ( c) k (t). (d) The half-life of the shock recovery

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