Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 17, Problem 6E

(a)

To determine

The result of an increase in the total factor productivity and investment on the desired capital stock.

(b)

To determine

The effect of an uptick in the total factor productivity and investment.

(c)

To determine

The effect of an improvement in the total factor productivity on investment in the long run.

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