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Pg. NQ.... Toot - ) In the Harrod's model , the istreaction between the accelerator and multiplies can lead to upward and downisard stability depending
Pg. NQ.... Toot - ) In the Harrod's model , the istreaction between the accelerator and multiplies can lead to upward and downisard stability depending upon the initial configuration of entrepreneur's expectation . Explain Suppose in the solow Model output In country reduced with the jeaduction function y= AK Lia depreciates at the Rate s and jeoductivy , A and paving late s , is assuand constant, Suppose initially economy is at the Steady statewith constant population growth rate my , Depict the steady state equilibrium in a graph . wow suppose there is a one time has immigration , perhaps he to the influx of refugees from a troubled foreign country, Use the perious graph to illustrate the short Jun and toughen effects of this on the domute Teacher's Sign
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