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Suppose the per-worker production function is: y = A(1-9A) Where ga is the fraction of all workers that produce technologies. Further, suppose the growth of
Suppose the per-worker production function is: y = A(1-9A) Where ga is the fraction of all workers that produce technologies. Further, suppose the growth of technology is given by the following equation growth of A = (gA/m) (L) Suppose L = 1 and m = 10, and that initially gA = 0.3. If gA rose to 0.50 growth of output per worker would: O Impossible to say O speed up O slow down O stay the same
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