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What is the solution of the Solow model for consumption per person in the steady state,c*=C*/L*? How does each parameter in the solution affect c,
What is the solution of the Solow model for consumption per person in the steady state,c*=C*/L*?
How does each parameter in the solution affect c, and why?
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
