Explain how nonrivalry leads to increasing returns in the two key production functions of the Romer model.

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:26 AM

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Explain how nonrivalry leads to increasing returns in the two key production functions of the Romer model.

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Ill take equations 62 and 63 as the two key production functions In 62 Chad notes that ne...View the full answer

Macroeconomics

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