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Derive analytically the expression for the evolution of per-capita output in the Romer model.Given this derivation, examine the effects of A decrease in population on
Derive analytically the expression for the evolution of per-capita output in the Romer model.Given this derivation, examine the effects of
- A decrease in population on the evolution of per-capita output.
- A decrease in the share of the population working in the ideas' sector on the evolution of per-capita output.
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