Suppose the parameters of the Romer model take the following values: 
, 
, 
,and 
) What is the per capita income of this country in the tenth period, 
?
A) about 6.13
B) about 61.3
C) about 12.0
D) about 11.9
E) about 10.9
Correct Answer:
Verified
Q41: Q43: Suppose the parameters of the Romer model Q43: In the Romer model, the Mexican economy: Q44: Suppose the parameters of the Romer model Q45: Idea accumulation in the Romer model exhibits: Q48: Suppose the Romer model parameters in East Q49: If there are decreasing returns to the Q50: If East and West Timor are identical Q52: Nonrivalry in the knowledge sector means that: Q72: Figure 6.2: Romer Model: Per Capita Output![]()
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