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(Solved): When the economy is initially above its golden rule, changing the saving rate to reach the golden ru ...



When the economy is initially above its golden rule, changing the saving rate to reach the golden rule involves no trade-off between current (or initial) consumption and future consumption.” True/False/Uncertain, explain in the context of the Solow Growth Model (support your answer by a Solow Model diagram and the time path of consumption per worker)



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