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Consider an economy that is described by the Solow growth model, with the Cobb-Douglas production function, Y = KOL]-. There is no population growth or

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Consider an economy that is described by the Solow growth model, with the Cobb-Douglas production function, Y = KOL]-. There is no population growth or technological progress. The savings rate in this economy is equal to s = 0.1, the capital depreciation rate is equal to o = 0.15, and a =

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