The steady-state level of capital

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If Margaritaville's saving rate doubles from 20 percent to 40 percent, the steady-state level of capital per effective worker and output per effective worker would double.

Reference no: EM13766031

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The steady-state level of capital : If Margaritaville's saving rate doubles from 20 percent to 40 percent, the steady-state level of capital per effective worker and output per effective worker would double.

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