Suppose the parameters of the Romer model take the following values: $\bar { A } _ { 0 } = 10$ , $\bar { \ell } = 0.01 , \bar { z } = 1 / 500 \text {, and } \bar { L } = 10,000$
) What is the per capita income of this country in the initial period, y₀?

Question

Suppose the parameters of the Romer model take the following values:

\bar { A } _ { 0 } = 10

,

\bar { \ell } = 0.01 , \bar { z } = 1 / 500 \text {, and } \bar { L } = 10,000

) What is the per capita income of this country in the initial period, y₀?

Quizplus · Accepted Answer

The Answer of Suppose the parameters of the Romer model take the following values: $\bar { A } _ { 0 } = 10$ , $\bar { \ell } = 0.01 , \bar { z } = 1 / 500 \text {, and } \bar { L } = 10,000$ ) What is the per capita income of this country in the initial period, y₀?

Suppose the Parameters of the Romer Model Take the Following Aˉ0=10\bar { A } _ { 0 } = 10Aˉ0​=10

Suppose the Parameters of the Romer Model Take the Following $\bar { A } _ { 0 } = 10$