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Question 14 2 pts Consider the country of Solow, which is described by the SolowSwan model. Let the saving rate 6 = 0.4; let the

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Question 14 2 pts Consider the country of Solow, which is described by the SolowSwan model. Let the saving rate 6 = 0.4; let the population growth rate n = 0.05; let the rate of depreciation d = 0.05. If per capita income y = 200 and the per capita capital stock k = 1, 000, which of the following is true? 0 Replacement investment per person is 100, saving per person is 80 and k will decrease towards the steady state per capita capital stock 0 Replacement investment per person is 100, saving per person is 80 and k is at the steady state per capita capital stock 0 Replacement investment per person is 80, saving per person is 100 and k will decrease towards the steady state per capita capital stock 0 Replacement investment per person is 80, saving per person is 100 and k will increase towards the steady state per capita capital stock

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