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PEA 2024Question 21mcqModerate

Consider an economy with y=Aky=Ak (per-capita form), saving rate s(0,1)s\in(0,1), population growth rate n>0n>0 and depreciation rate δ(0,1)\delta\in(0,1). Assume parameters ensure positive long-run growth of yy. Which of the following is \emph{incorrect}?