=+a less educated labor force. Assume that education affects only the level of the effi ciency of

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=+a less educated labor force. Assume that education affects only the level of the effi ciency of labor. Also assume that the countries are otherwise the same: they have the same saving rate, the same depreciation rate, the same population

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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