Question
Use the following environment for the next three questions. The economy is described by the production function:. In year 2500, GDP is 10,000, capital stock
Use the following environment for the next three questions. The economy is described by the production function:. In year 2500, GDP is 10,000, capital stock is 200 and labor is 500. What is the level of TFP in year 2500? Approximate your answer to three decimal places.
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The Theory Of Moral Sentiments
Authors: Adam Smith, D D Raphael
1st Edition
0865970122, 9780865970120
