1. Show that u(c, l) = 1-0 B(1-1)0 1-0 0 , where 1 - I is hours worked, o > 1, and 0 > 1,
1. Show that u(c, l) = 1-0 B(1-1)0 1-0 0 , where 1 - I is hours worked, o > 1, and 0 > 1, is consistent with all macroeconomic variables growing at constant, possibly different, rates and constant factor input shares. (Hint: "hours worked shrink at a constant rate".)
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