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What is the steady state condition in economy 2024?
steady
state steady
Questioner:Isabella Lopez 2023-05-05 05:39:20
The most authoritative answer in 2024
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Emily Rodriguez——Studied at University of California, Berkeley, Lives in Berkeley, CA
A
steady-
state economy is an economy consisting of a constant stock of physical wealth (capital) and a constant population size. ... The term typically refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world.
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