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QUESTION
Consider government spending in Solow growth model. The production function takes the form as Yt = F(K t , G t , L t ) = K t G t ,L t 1--B Obtain...
Consider government spending in Solow growth model. The production function takes the form as
Yt = F(Kt, Gt, Lt) = Ktα Gβt ,Lt1-α-B
Obtain steady state value for k and y.
Question is in courshero documents, assignment 1 ECON435-835
