Consider the world economy and comment on the effect of the Industrial Revolution on the world growth

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Consider the world economy and comment on the effect of the Industrial Revolution on the world growth rate of output per person, according to the assumptions of the Romer model.

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 17, 2024 11:00 PM

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Consider the world economy and comment on the effect of the Industrial Revolution on the world growth

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The Romer model developed by economist Paul Romer focuses on the role of ideas and technological progress in economic growth According to this model t...View the full answer

Macroeconomics Policy And Practice

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