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Question: 7 let kt denote the quantity of capital a country...

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7. Let K(t) denote the quantity of capital a country has at the beginning of period t. Also, assume that capital depreciates at a constant rate d, so that dK(t) of the capital stock wears out during period t. If investment during period t is denoted I(t), and the country does not trade with the rest of the world, then we can say that the quantity of capital at the beginning of period t+1 is given by K (t1 (1-d) K (t) +I (t) Suppose at the beginning of year 0 that this country has 100 units of capita Investment expenditures are 15 units each in the years0, 1, 2, 3, 4 and 5. The capital stock depreciates at 10% per year. Calculate the quantity of capital at the beginning of years 0, 1, 2, 3, 4 and 5

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