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The Solow model predicts a fall in depreciation rate will increase the capital-labour ratio in transition and in the new steady-state; but this will lead

The Solow model predicts a fall in depreciation rate will increase the capital-labour ratio in transition and in the new steady-state; but this will lead to a lower steady-state growth rate of total output." True/False/Uncertain, explain and support your answer in an appropriate diagram (you can assume there is a population growth of n% a year and there is no technological progress)

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