Suppose the parameters of the Romer model take the following values:
,
,
,and
)What is the number of researchers in this country?

Question

Suppose the parameters of the Romer model take the following values: 
, 
, 
,and 
)What is the number of researchers in this country?

Quizplus · Accepted Answer

The number of researchers in the Romer model is given by the parameter "A" which takes a value of 100 in this case. Therefore, the answer is C) 100. Option A) 20, Option B) 1 million, Option D) 0.10, and Option E) 200 are not relevant in this case.

Suppose the Parameters of the Romer Model Take the Following