Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ao9 Ao9
wrote...
Go to Answer
Posts: 1908
Rep: 1 0
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) and b represents the efficiency of human capital accumulation. The growth rate of consumption equals
A) u(1 - b) - 1.
B) (1 - b)(1 - u).
C) 1 + b(1 - u).
D) b(1 - u) - 1.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 116 times
3 Replies
Replies
Answer verified by a subject expert
GordisGordis
wrote...
#1
Top Poster
Posts: 1906
Rep: 25 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ao9 Author
wrote...
#2
8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
wrote...
#3
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1398 People Browsing
 104 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 32
  
 375
  
 64
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: What's your favorite funny biology word?