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In a Solow models with technological progress, how is the Golden Rule of capital defined in the steady state? 2. Are persistent increases in standard
- In a Solow models with technological progress, how is the Golden Rule of capital defined in the steady state?
2. Are persistent increases in standard of living possible in a steady-state economy?
please explain briefly.
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
