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November 28, 2014

November 28, 2014

Posted by **Matty** on Tuesday, November 22, 2011 at 8:49pm.

A. Derive the equation for output per effective worker y = Y/EN = f(k), where k equals the amount of capital per effective worker.

B. Calculate the steady state levels for each of the following: (1) capital per effective worker, (2) output per effective worker, and (3) consumption per effective worker.

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