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Author Question: In the endogenous growth model presented in the text, suppose that u represents the fraction of time ... (Read 40 times)

jon_i

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on: Jan 2, 2020
In the endogenous growth model presented in the text, suppose that u represents the fraction of time spent working (as opposed to accumulating human capital) and b represents the efficiency of human capital accumulation. The growth rate of consumption equals
◦ 1 + b(1 - u).
◦ b(1 - u)2.
◦ b(1 - u) - 1.
◦ (1 - b)(1 - u).
◦ u(1 - b) - 1.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by jon_i on Jan 2, 2020

paavo

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jon_i

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Reply 2 on: Jan 2, 2020
:D TYSM

marict

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Reply 3 on: Yesterday
Excellent

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