An increase in the productivity of research. Suppose there is a onetime increase in the productivity of
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An increase in the productivity of research. Suppose there is a onetime increase in the productivity of research, represented by an increase in u in Figure 5.1. What happens to the growth rate and the level of technology over time?
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Introduction To Economic Growth
ISBN: 9780393919172
3rd Edition
Authors: Charles I. Jones, Dietrich Vollrath
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