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Solve clearly 6. Complete the following table: Solow model country A country B population growth rate 5% 5% capital depreciation rate 5% 5% national saving

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Solve clearly

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6. Complete the following table: Solow model country A country B population growth rate 5% 5% capital depreciation rate 5% 5% national saving rate 5% 5% total population in year 1 100 361 total capital in year 1 16 100 Production Process: total output in year 1 total investment made in year 1 total output in year 2 growth rate for total output Steady State: steady state capital intensity capital intensity in year 1 capital intensity will increase or decrease in year 2 growth rate for per capita output

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