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(4) Go back to the original Romer model. Assume z=0.1,A0=10,L=10. Consider a government in this economy that can choose , i.e., how many workers to
(4) Go back to the original Romer model. Assume z=0.1,A0=10,L=10. Consider a government in this economy that can choose , i.e., how many workers to allocate to each sector. The government wants to maximize the output per capita in year T. Which of the following statements is correct? Pick a, b, or c. a. chosen by the government is increasing in T. b. chosen by the government does not depend on T. c. chosen by the government is decreasing in T. Which of the following statements is correct? Pick a, b, or c. a. chosen by the government is increasing in z. b. chosen by the government does not depend on z. c. chosen by the government is decreasing in z. If the government wants to maximize the output per person in year 10(T=10), it sets = (4) Go back to the original Romer model. Assume z=0.1,A0=10,L=10. Consider a government in this economy that can choose , i.e., how many workers to allocate to each sector. The government wants to maximize the output per capita in year T. Which of the following statements is correct? Pick a, b, or c. a. chosen by the government is increasing in T. b. chosen by the government does not depend on T. c. chosen by the government is decreasing in T. Which of the following statements is correct? Pick a, b, or c. a. chosen by the government is increasing in z. b. chosen by the government does not depend on z. c. chosen by the government is decreasing in z. If the government wants to maximize the output per person in year 10(T=10), it sets =
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