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I. Use the Solow growth mociel of chapter 5 (no population growth, no change in A) and assume that a = 1/3. In other words

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I. Use the Solow growth mociel of chapter 5 (no population growth, no change in A) and assume that a = 1/3. In other words the production function is given by Y = HK 1; 3L213. There are two countries, 1 and 2. The only difference between them is that country 1 has a saving rate, 1 = 4-532. a. Show graphically how these economies differ in terms of K' and if". (10

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