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give proper explanation 5. According to the Solow Growth model, the larger the g, the smaller the k (and thus y ) is at the

give proper explanation

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5. According to the Solow Growth model, the larger the g, the smaller the k (and thus y ) is at the steady state. Is technological progress bad to citizen living standard? Explain. 6. Which of the following variables have the growth effect on aggregate level? Which of the following variables have the level effect on aggregate level? a. Saving rate b. Population growth rate. c. g

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