If We Define the Saving Rate As $\bar { s }$

question 26

True/False

If we define the saving rate as $\bar { s }$ , output as $F \left( K _ { t } , \bar { L } \right)$ , and the depreciation rate as $\bar d$ , and if $$\bar { s } { F } \left( K _ { t } , \bar { L } \right) > \bar { d } K _ { t }$$ , the economy is in the steady state.

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