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Classical production function with constant returns

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Reference no: EM132479118

If we have a classical production function with constant returns to scale, population growth, and labor-augmenting technological progress Yt = F(Kt,EtLt) , how do I transform the equations (output, investment, consumption and capital accumulation) into per effective worker form knowing that MPKt = f'(kt) and MPLt = Et[f(kt) - f'(kt)kt]?

Reference no: EM132479118

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