Business
Business, 05.03.2020 08:48, mackdoolittle1

A small country's aggregate production function per hour of labor is given by Y = K1/2. Its depreciation rate is 1% and its investment rate is 10%. What is its steady-state level of capital?

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A small country's aggregate production function per hour of labor is given by Y = K1/2. Its deprecia...

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