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Home Q & A Board Other Fields Homework Help Business Economics
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johnpaul92 johnpaul92
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8 years ago
(a)   In the model of endogenous growth, if s = 0.1, A = 2, and d = 0.15, calculate the economy's growth rate. Show your work.
(b)   If the depreciation rate declines to d = 0.10, calculate the economy's growth rate. Show your work.
(c)   Is the impact on the growth rate arising from a change in the depreciation rate in the endogenous growth model the same as in the Solow model?
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
8 years ago
Take care for now
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