In 2015 the growth rate of population was 2 while gdp grew
In 2015, the growth rate of population was 2% while GDP grew by 2.5%.Assume that this economy is well captured by the Solow model. Wasoutput per worker higher, lower, or equal to its steady state level? Justify your answer briefly (1-2 sentences.)
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in 2015 the growth rate of population was 2 while gdp grew by 25assume that this economy is well captured by the solow
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