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Hi, please kindly give a try in this question, please feel free to provide any diagrams if it helps you to explain it,(no diagram is

Hi, please kindly give a try in this question, please feel free to provide any diagrams if it helps you to explain it,(no diagram is still fine) thanks a lot!

Illustrate the effects on the steady state capital stock of the following shocks and explain the results:

(a) An increase in the depreciation rate.

(b) An increase in the mark-up.

(c) Consumers become more impatient.

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