Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 6, Problem 4AP
To determine
To describe: The steady-state values of per worker capital, output and consumption is to be calculated. The effect on the steady state of an increase in h is to be explained.
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