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Thank you so much ;)
This channel is the best :D
sir please help me to solve this problem. Assume labour augmented production function. If depreciation rate has been increased from 2 % to 4%, predict changes in the long run level of capital and output level using framework Solow-Swan growth model.
Soory, may I ask you how can the depreciation rate,depends on the growth rate of technology and the possible effects on the model? thanks in advance!
Thank you so much ;)
This channel is the best :D
sir please help me to solve this problem. Assume labour augmented production function. If depreciation rate has been increased from 2 % to 4%, predict changes in the long run level of capital and output level using framework Solow-Swan growth model.
Soory, may I ask you how can the depreciation rate,depends on the growth rate of technology and the possible effects on the model? thanks in advance!