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Kindly assist with this discussion question. Q2) Consider an economy that has access to a production technology Y = AKL1-a where Y is output, A

Kindly assist with this discussion question.

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Q2) Consider an economy that has access to a production technology Y = AKL1-a where Y is output, A is the level of technology, K is capital and L is the amount of labor in the economy. Capital evolves according to K = sY (thus, the depreciation rate 6 = 0). The x population growth rate is n. (Throughout, gx = x, where x can be any of the variables in the model.) (a) Assume that technology is determined by A = BK" What sort of endogenous growth model is this? Find K/K in terms of the K, L, and other parameters of the model

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