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In a Solow model, assume that output per worker is given by the function y= k ^.6. Let k * be the steady state capital
In a Solow model, assume that output per worker is given by the function y= k ^.6. Let k * be the steady state capital per worker and s be the saving rate . If there is an increase to technological growth , then
A. k* increases; no changes to s
B. k* decreases; s increases
C. k* decreases; no change to s
D. k* increases, s decreases
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