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  3. explain how a stable, constant alpha (capital shar

Explain how a stable, constant Alpha (capital share of national income) supports the idea that growth...

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Economics

  1. Explain how a stable, constant Alpha (capital share of nationalincome) supports the idea that growth benefits everyone.

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Dear Student Constant capital share of national income supports the idea that growth benefits everyone in following ways Labor and capital are both inputs into the production process but the income received by workers and capitalowners likely accrues to different economic classes of people and so this constancy was reassuring to those who worry    See Answer
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