Exercise 11.13. Consider the effect of an increase in on the competitive equilibrium of the model

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Exercise 11.13. Consider the effect of an increase in α on the competitive equilibrium of the model in Section 11.3. Why does it increase the rate of capital accumulation in the economy?

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Introduction To Modern Economic Growth

ISBN: 9780691132921

1st Edition

Authors: Daron Acemoglu

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Question Posted: Nov 16, 2024 08:01 AM

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Exercise 11.13. Consider the effect of an increase in on the competitive equilibrium of the model in Section 11.3. Why does it increase the rate of capital accumulation in the economy?
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Exercise 11.13. Consider the effect of an increase in on the competitive equilibrium of the model

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Introduction To Modern Economic Growth

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