=+ c. Total capital income and total labor income both grow at the rate of population growth

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c. Total capital income and total labor income both grow at the rate of population growth plus the rate of technological progress, n + g.

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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. Total capital income and total labor income both grow at the rate of population growth

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Macroeconomics

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