Solow Model Example - A Change in Population Growth Rate

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What is the effect on Aggregate Output, Capital, Investment and Consumption, per-capita output, capital, investment and consumption, and per-effective-worker capital and output of a change in the population growth rate?

We work through the solow model with population and labor-augmenting technology growth.

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Video Outline
- Solow Diagram
- Time Series

--Per-effective workers, k ̂,y ̂
--Per-Capita Levels, k,y,i & c
--Aggregate Levels, Y,K
  1. economicurtis
  2. answer
  3. solution
  4. tutorial
  5. example
  6. solow swan
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Комментарии
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Thank you so much for this amazing video. I wish I had found it sooner.

Sondorcohdop
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could you comment on the change in output per effective worker? I think I understand it from looking at its graph over time and the main Solow model graph, but it would still be good to receive a brief explanation.

rickyrecaro