Optimistic scenario:

• Optimistic scenario:

• • growth rate of human capital is 4% a year,
  • relative price of capital goods decline at 3% a year,

• Medium scenario:

• • growth rate of human capital is 3% a year,
  • relative price of capital goods decline at 2% a year,

• Pessimist scenario:

• • growth rate of human capital is 4% a year,
  • relative price of capital goods decline at 2% a year.