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With a per-worker production function y = k 1/2 , the steady-state per-worker capital stock in the Solow model (k ), as a function of
With a per-worker production function y = k 1/2 , the steady-state per-worker capital stock in the Solow model (k ), as a function of the saving rate (s), with fixed level of capital depreciation =0.07, is
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