Assume a solow growth model economy with no exogenous


Assume a Solow growth model economy with no exogenous technological change is initially at a steady state. Suppose there is a permanent decrease in the population growth rate, say on account of the spread of AIDS – a major current problem in Sub-Sahara Africa. Show graphically the path of the economy’s capital and output per capita over time following this event.

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Business Economics: Assume a solow growth model economy with no exogenous
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