This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the endogenous growth model presented in the text, suppose that u represents the fraction of time ... (Read 34 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jon_i on Jan 2, 2020

paavo

  • Sr. Member
  • ****
  • Posts: 301
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.
Answer Preview
Only 56% of students answer this correctly


jon_i

  • Member
  • Posts: 549
Reply 2 on: Jan 2, 2020
Gracias!

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
With fewer men than women in college, is it time to consider affirmative action for men? With fewer men than women in college, is it time to consider affirmative action for men?
Data for Calculating Productivity Growth in Erewhon Data for Calculating Productivity Growth in Erewhon
Grand Funk Railroad - Bad Time Grand Funk Railroad - Bad Time
Enhancer trapping to reveal expression patterns of endogenous genes Enhancer trapping to reveal expression patterns of endogenous genes
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library