Business, 02.03.2020 17:58 beccastark1733

A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the economy is 60, two of the workers are employed in the research sector, and the productivity parameter of the research sector is equal to 0.01. Calculate the stock of ideas in period 10. Round your answer to the nearest tenth.

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A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the...