Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
ice5192 ice5192
wrote...
Go to Answer
Posts: 822
Rep: 0 0
6 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 human capital equals
A) u(1 - b) - 1.
B) 1 + b(1 - u).
C) (1 + b)(1 - u).
D) b(1 - u) - 1.
E) b(1 - u)2.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
Read 78 times
2 Replies
Replies
Answer verified by a subject expert
Blade73Blade73
wrote...
#1
Posts: 367
Rep: 1 0
6 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

ice5192 Author
wrote...
#2
6 years ago
Yes, correct
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  2887 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 2043
  
 4960
  
 1039
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 374
Previous poll results: Who's your favorite biologist?