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Business, 26.03.2020 03:25 cascyrio2002

A Romer economy starts off with an initial stock of ideas equal to 100. The growth rate of ideas is 5% and the share of the population engaged in research is 5%. What is the growth rate of output per capita? Round to the nearest decimal

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A Romer economy starts off with an initial stock of ideas equal to 100. The growth rate of ideas is...
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