Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (7th Edition)
7th Edition
ISBN: 9780134472669
Author: Blanchard
Publisher: PEARSON
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Chapter 12, Problem 6QAP
a
To determine
To find: Capital stock per effective worker, Output per effective worker, growth rate of output per effective worker, growth rate of output per worker, growth rate of output.
b)
To determine
To find:Capital stock per effective worker, Output per effective worker, growth rate of output per effective worker, growth rate of output per worker, growth rate of output when technological progress is 8%.
c)
To determine
To find:
Whether people are better off or not when number of workers double.
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Chapter 12 Solutions
Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (7th Edition)
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