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Economics

How family panning policies would change the steady state in a Solow model.

A. Draw the initial diagram.

B. Suppose that the family planning policies lowered the fertility rate. Which curve or curves will this shift?

C. Draw the change to the diagram.

D. How do family planning policies affect the steady state level of k? of y?

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Microeconomics, Economics

Category:- Microeconomics
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