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  2. Discuss what this changes about the predictions of the model and what it doesn’t change. i. Now try the following. Set the exponent on H to .7 so that 1-b-f = 0. What does this mean for the contribution of labor growth to output growth?

Discuss what this changes about the predictions of the model and what it doesn’t change. i. Now try the following. Set the exponent on H to .7 so that 1-b-f = 0. What does this mean for the contribution of labor growth to output growth?

Posted by:Shadrack Posted on:Oct 19,2022
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2. Growth theory a. Go to canvas and retrieve the file "Growth theory work sheet.xlsx", and make a copy of it (so you can go back to the original
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