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For this country Technology is 2. Saving rate is 10%, depreciation rate is 20% and population growth rate is 3%. Also initial capital is 128

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For this country Technology is 2. Saving rate is 10%, depreciation rate is 20% and population growth rate is 3%. Also initial capital is 128 and labor is 4. Assume g is 0. 1. Now assume we observe in the LONG RUN output per worker does not reach a steady state growth rate of 0. But instead in grows in the long run at a rate of 2%. What does that imply the growth rate of technology is. 2. If we could double the technological growth rate what would the steady growth rate of output per person be? For this country Technology is 2. Saving rate is 10%, depreciation rate is 20% and population growth rate is 3%. Also initial capital is 128 and labor is 4. Assume g is 0. 1. Now assume we observe in the LONG RUN output per worker does not reach a steady state growth rate of 0. But instead in grows in the long run at a rate of 2%. What does that imply the growth rate of technology is. 2. If we could double the technological growth rate what would the steady growth rate of output per person be

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