In the Romer model, the more labor you dedicate to generating ideas, the more slowly you accumulate knowledge, but at a loss to current output in the consumption sector.

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In the Romer model, dedicating more labor to generating ideas leads to faster accumulation of knowledge, which can enhance long-term economic growth, although it may reduce current output in the consumption sector.

In the Romer Model, the More Labor You Dedicate to Generating