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Ao9 Ao9
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Posts: 1908
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8 years ago
Why do we analyze the steady state in the Malthusian model?
A) Because this is the Pareto optimum.
B) Because there is a non-steady state that is not interesting.
C) Because the long run equilibrium of the model is the steady state.
D) Because that is all we know how to do.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
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8 years ago
Solved!!
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8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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