Manna falls faster. Suppose that there is a permanent increase in the rate of technological progress, so
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Manna falls faster. Suppose that there is a permanent increase in the rate of technological progress, so that g rises to g$. Sketch a graph of the growth rate of output per worker over time. Be sure to pay close attention to the transition dynamics.
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Related Book For 
Introduction To Economic Growth
ISBN: 9780393919172
3rd Edition
Authors: Charles I. Jones, Dietrich Vollrath
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