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If we consider GDP per capita in the basic Romer model Yt=A0(1+gA)^t (1-and gA=ZL what is the level effect of an increase in Z? can
If we consider GDP per capita in the basic Romer model
Yt=A0(1+gA)^t (1-and gA=ZL what is the level effect of an increase in Z?
can you help me to solve question? if there is level effect?
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
