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11.) The country of.Elorin has a population.growth.rate of 3% per year, while the population.in.the.neighboring.country of Guilder grows at 1% per year. In each.country. 10% of the population is employed in research and davalopment (R&D). If this fraction doesn't change, then Romer's R&D model of growth predicts that Florin's income per person will grow faster than Guilder's

11.) The country of.Elorin has a population.growth.rate of 3% per year, while the population.in.the.neighboring.country of Guilder grows at 1% per year. In each.country. 10% of the population is employed in research and davalopment (R&D). If this fraction doesn't change, then Romer's R&D model of growth predicts that Florin's income per person will grow faster than Guilder's

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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11.) The country of Elorin has a population.growth.rate of 3% per year. while the population.in.the.neighboring.countoy of Guilder grows at 1% per year. In each.country. 10% of the population ia employed in reseatch and davalopment (R&D). If this fraction doesn't change, then Romer's R&D model of growth predicts that Florin's income per person will grow faster than Guilder's
Transcribed Image Text:11.) The country of Elorin has a population.growth.rate of 3% per year. while the population.in.the.neighboring.countoy of Guilder grows at 1% per year. In each.country. 10% of the population ia employed in reseatch and davalopment (R&D). If this fraction doesn't change, then Romer's R&D model of growth predicts that Florin's income per person will grow faster than Guilder's
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