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In a representative Real Business Cycle model, with capital stock in period t+1 defined by Kt+1 = Kt + It 8Kt - a)What is
In a representative Real Business Cycle model, with capital stock in period t+1 defined by Kt+1 = Kt + It 8Kt - a)What is the effective investment and the equilibrium investment? b) What is the condition for capital stock estability?
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
