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The marginal product of capital for the next period ( MPKf ) is given by : MPK^f = 102 ?K^ 2 t+ 1 where MPK^f
The marginal product of capital for the next period (MPKf) is given by: MPK^f =102?K^2 t+1
where MPK^f is the expected future marginal product of capital, and Kt+1 is the desired capital stock in the next period. A
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