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Application of Solow Swan Model - Effect of an Increase in Technology Growth
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What is the effect on Aggregate Output, Capital, Investment and Consumption, per-capita output, capital, investment and consumption, and per-effective-worker capital and output of a change in the growth rate of labor augmented technology?
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Video Outline
-Solow Diagram
-Time Series
--Per-effective workers, k ̂,y ̂
--Per-Capita Levels, k,y,i & c
--Aggregate Levels, Y,K
_______________
Video Outline
-Solow Diagram
-Time Series
--Per-effective workers, k ̂,y ̂
--Per-Capita Levels, k,y,i & c
--Aggregate Levels, Y,K
Application of Solow Swan Model - Effect of an Increase in Technology Growth
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