In the Romer model,as more labor is devoted to research and development there is ________.
A) an immediate increase in output per capita and a permanent increase in output per capita
B) an immediate decrease in output per capita and a permanent increase in output per capita
C) an immediate increase in output per capita and a permanent decrease in output per capita
D) an immediate decrease in output per capita and a permanent decrease in output per capita
Correct Answer:
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