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how is population growth incorporated into the solow model? why does the model predict that countries with higher population growth rate will have lower steady-state
how is population growth incorporated into the solow model? why does the model predict that countries with higher population growth rate will have lower steady-state income per capita?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
