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Business, 17.12.2019 21:31 bellabrill

Many demographers predict that the united states will have zero population growth in the coming decades, in contrast to the historical average population growth of about 1 percent per year. use the solow model to forecast the effect of this slowdown in population growth on the growth of total output and the growth of output per person. consider the effects both in the steady state and in the transition between steady states.

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