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    Exam 3: An Overview of Long-Run Economic Growth
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    Suppose Y<sub>0</sub>=100 and Assume K Grows at a Constant Rate
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Suppose Y0=100 and Assume K Grows at a Constant Rate

Question 71

Question 71

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Suppose y0=100 and assume k grows at a constant rate Suppose y<sub>0</sub>=100 and assume k grows at a constant rate    percent per year. If    what is the approximate value of y in 50 years?
percent per year. If Suppose y<sub>0</sub>=100 and assume k grows at a constant rate    percent per year. If    what is the approximate value of y in 50 years?
what is the approximate value of y in 50 years?

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