Question
What two factors affect the growth rate of income and consumption in the endogenous growthmodel? (Select all thatapply.) A. Total factor productivity B. The fraction
What two factors affect the growth rate of income and consumption in the endogenous growthmodel? (Select all thatapply.)
A.
Total factor productivity
B.
The fraction of time devoted to working in each period
C.
The efficiency of the human capital accumulation technology
D.
Marginal product of human capital
E.
Real wage
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Macroeconomics
Authors: Stephen d. Williamson
5th Canadian edition
133847144, 9780134604794 , 978-0133847147
