Show that for zeta sufficiently large the steady-state
(a) Derive equations (9.51) and (9.52).
(b) Show that for ζ sufficiently large, the steady-state equilibrium capital-labor ratio k∗ can exceed kgold, so that there is overaccumulation. Provide an intuition for this result
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a derive equations 951 and 952b show that for zeta sufficiently large the steady-state equilibrium capital-labor ratio
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