Consider a country described by the onecountry model in Section 8.3. Suppose that the country temporarily raises

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Consider a country described by the onecountry model in Section 8.3. Suppose that the country temporarily raises its level of gA.

Draw graphs showing how the time paths of output per worker (y) and productivity (A)

will compare under this scenario with what would have happened if there had been no change in gA.

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Economic Growth

ISBN: 9780273769293

3rd Edition

Authors: David N Weil

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