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(Solved): Figure 2
In figure 2: capital is a variable labor is fixed depreciation = investment at the optimu ...
Figure 2
In figure 2: capital is a variable labor is fixed depreciation = investment at the optimum or steady state all of the above none of the above
In figure 2 the steady state capital stock is: K1 K2K3 K4 none of the above
In figure 2 the steady state output is: Goods1 Goods2 Goods3 Goods4