Social Studies
Social Studies, 02.11.2019 06:31, alexprince13

In a solow model with technological change, if population grows at a 2 percent rate and the efficiency of labor grows at a 3 percent rate, then in the steady state, output per effective worker grows at a percent rate.

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In a solow model with technological change, if population grows at a 2 percent rate and the efficien...

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