Question: Openness to technology transfer. This problem considers the effect on an economys technological sophistication of an increase in the openness of the economy to technology

Openness to technology transfer. This problem considers the effect on an economy’s technological sophistication of an increase in the openness of the economy to technology transfer. Specifi cally, it looks at the short-run and long-run effects on h of an increase in m. (Hint: look back at Figure

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