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Assume that an economy experiences both positive population growth () and technological progress ()

Economics

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1. Assume that an economy experiences both positive population growth () and technological progress (). The capital depreciation rate is . Once the economy has reached balanced growth, we know that the capital per effective worker ratio (K/AN) is growing at a rate ________; the capital per worker ratio (K/N) is growing at a rate ____________; aggregate capital stock (K) is growing at a rate ____________; the level of investment per effective worker is ___________________.