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Rates of economic growth are more dispersed across poor countries than across rich countries. In the Solow growth model, an increase in the population growth
Rates of economic growth are more dispersed across poor countries than across rich countries. In the Solow growth model, an increase in the population growth rate increases capital per worker in the stead}r state. The consumer's response to changes in the current and future income is motivated by con sumption smoothing
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