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Ao9 Ao9
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Posts: 1908
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8 years ago
In the endogenous growth model presented in the text, suppose that u represents the fraction of time spent working (as opposed to accumulating human capital), b represents the efficiency of human capital accumulation, H represents the amount of human capital, and z represents the marginal product of efficiency units of labor. Consumption equals
A) buz.
B) buH.
C) zuH.
D) buzH.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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