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Consider the following statement about the Solow model, = , and parameters 0 < < 1 , 0 < < 1, and 0 < <
Consider the following statement about the Solow model, = , and parameters 0 < < 1 , 0 < < 1, and 0 < < 1: If the productivity parameter doubles in size, then long-run output per capita will also double in size. Show that this statement is false
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