What are the steady-state growth results of a constant average product of capital model of growth and what are the problems of such a model?
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Q43: With steady state growth:
A)the optimal output per
Q44: If intellectual property rights become better secured,
Q45: What is conditional convergence?
Q46: With steady state growth:
A)there is absolute convergence.
B)y/k
Q47: Steady state growth is when:
A)when the average
Q49: What is the key equation for conditional
Q50: With steady state growth:
A)the optimal output per
Q51: With steady state growth: Q52: With steady state growth: Q53: With steady state growth:
A)(
A)(
A)the optimal output per
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