If the marginal product of capital net of depreciation


If the marginal product of capital net of depreciation equals 8 percent, the rate of growth of population equals 2 percent, and the rate of labour-augmenting technological progress equals 2 percent, what must happen to the saving rate to reach the Golden Rule level of the capital stock?

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Macroeconomics: If the marginal product of capital net of depreciation
Reference No:- TGS0584078

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