With simultaneous increase in the savings rate and labor force growth rate. (a) Graph (time on horizontal axis) the chan

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answerhappygod
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With simultaneous increase in the savings rate and labor force growth rate. (a) Graph (time on horizontal axis) the chan

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With simultaneous increase in the savings rate and labor force
growth rate. (a) Graph (time on horizontal axis) the changes of
capital to labor ratio, output per worker and investment per worker
over time. b) Discuss growth rate of real GDP during transition and
in equilibrium.
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