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9. The economy of Macroland can be described by the Solow growth model. In Macroland the labor force grows at 3 percent per year, labor-augmenting...

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9. The economy of Macroland can he described by the Solow growth model. in Macrcland the labor force grows at 3 percent per year, labor-augmenting technology increases at 2 percent per year, the saying rate is 15 percent per year, and the rate of capital depreciation is 1G

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