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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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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
