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Cobb-Douglas production function and Solow-Swan model What effect does emigration have on steady state capital stock in the standard Solow-Swan model?...

Consider the following Cobb-Douglas production function and Solow-Swan model

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  1. What effect does emigration have on steady state capital stock in the standard Solow-Swan model? Explain.
  2. What effect does emigration have on steady state GDP per capita in the standard Solow-Swan model? Explain.
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