1. Show that the aggregate production function (where it is taken into account how A, depends on...

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1. Show that the aggregate production function (where it is taken into account how A, depends on Y, through taxation, etc.) is:

Y1

= (arL)faK,, and comment.

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Introducing Advanced Macroeconomics: Growth And Business Cycles

ISBN: 9783031200922

1st Edition

Authors: Peter Birch Sørensen, Hans Jørgen Whitta-Jacobsen

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