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needed help with this macroeconomics theory question Question 2 Consider the following data United States ll- Thailand 0.233 0.213 6.1 0.015 m Remember that the

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needed help with this macroeconomics theory question

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Question 2 Consider the following data United States ll- Thailand 0.233 0.213 6.1 0.015 m Remember that the 'hat' variables are variable values relative to the US. Assume that g + 6' = 0.075. a = i, go = 0.10 for all countries. Estimate the steadystate incomes of these economies relative to the US. Consider the following two cases: 0 The 1990 TFP ratios are maintained 0 The TFP levels converge completely For each case which economy will grow the fastest in the next decade and which slowest? Why

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