rebelprincezz1065 rebelprincezz1065
  • 09-01-2024
  • Biology
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In the Romer model, it is assumed that the production function for new technology (ideas) was given by A^dot = ∆ Lₐλ Aπ Suppose π > 0. What does this imply about the relationship between the current level of technology and the difficulty of discovering new ideas?

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