According to the neoclassical growth model, if there is no productivity growth, what will happen to output

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According to the neoclassical growth model, if there is no productivity growth, what will happen to output per worker, consumption per worker, and capital per worker in the long run?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:49 AM

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According to the neoclassical growth model, if there is no productivity growth, what will happen to output

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To conclude i can say that if there is no ...View the full answer

Macroeconomics

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