=+c. If the CobbDouglas parameter takes the conventional value of about 1/3, how much higher should

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=+c. If the Cobb–Douglas parameter takes the conventional value of about 1/3, how much higher should income per worker be in Richland compared to Poorland?

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 28, 2024 11:00 AM

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=+c. If the CobbDouglas parameter takes the conventional value of about 1/3, how much higher should income per worker be in Richland compared to Poorland?
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=+c. If the CobbDouglas parameter takes the conventional value of about 1/3, how much higher should

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Macroeconomics

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