Describe how, if at all, each of the following developments affects the breakeven actual investment lines in our basic diagram for the Solow model. (5+5) (a) The rate of technological progress fall. (6) The production function is Cobb-Douglas, y = kº, and

匿名用户 最后更新于 2021-11-29 14:46 经济Economics

Describe how, if at all, each of the following developments affects the breakeven actual investment lines in our basic diagram for the Solow model. (5+5) (a) The rate of technological progress fall. (6) The production function is Cobb-Douglas, y = kº, and capital's share, a, falls.

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