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Problem 1 1. Derive the marginal product of capital (M PKt) from the production function. Express the marginal product of capital solely in terms of

Problem 1 1. Derive the marginal product of capital (M PKt) from the production function. Express the marginal product of capital solely in terms of a, K3, and Y}. 2. What is the growth rate of M PK}? 3. What condition is necessary so that the growth rate of the marginal product of capital is censtant over time?

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