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Lecture 4 11

Lecture 4 11 - and the extra population k d n k sf k k −...

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Solow Model with Population growth For the level of capital stock to grow, investments have to compensate both the depreciation of the capital stock
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Unformatted text preview: and the extra population. k d n k sf k k ) ( ) ( ' + − = − Capital Widening Capital Deepening...
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