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Suppose the production of a country is Y = K0.2(EL)0.8. And its depreciation rate is 0.07,...

Suppose the production of a country is Y = K0.2(EL)0.8. And its depreciation rate is 0.07, population growth rate is 0.02, technology growth rate is 0.01, saving rate is 0.30.

Answer the following questions.

(a) What is the long-run growth rate of per worker output?

(b) What is the long-run growth rate of aggregate output?

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