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Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s change from 0.2 to 0.3 and depreciaon, populaon growth rate, growth rate of technology be 10% each. What is the %
Let Y(t)=CK(t)^1/2{E(t)L(t)}^1/2. Let s change from 0.2 to 0.3 and deprecia"on, popula"on growth rate, growth rate of technology be 10% each. What is the % change in the steady state level of effective income per capita.
Choose answer between 1; 0.34; 51; 0.66
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