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23 December, 19:33

In the solow growth model, a nation reaches its steady state equilibrium when

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  1. 23 December, 19:45
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    At the steady state net investment equals zero and the capital stock remains constant at economy capital K.

    In the Solow growth model, a nation reaches its steady state equilibrium when the number of workers in an economy does not affect the relationship between

    output per worker and capital per worker.
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