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PLEASE OUTLINE CORRECT ANSWERS - PERTAINS TO MACRO ECONOMICS FIND STEADY STATE Consider a numerical example of the Solow model. Assume that n = 0.1

PLEASE OUTLINE CORRECT ANSWERS - PERTAINS TO MACRO ECONOMICS

FIND STEADY STATE

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Consider a numerical example of the Solow model. Assume that n = 0.1 S = 0.3 d = 0.1 Z = 2 on | - F(K,N) = K N Find the steady state consumption per person O A. 1.84 O B. 2.63 O C. 3.95 O D. 0.79 O E. None of the aboveConsider a numerical example of the Solow model. Assume that n = 0.1 S = 0.2 d = 0.15 Z= 4 N/ - F(K,N) = K 2 Find the golden rule capital per person. O A. 25 O B. 36 O C. 16 O D. 64 O E. None of the above

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