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  3. Study Set
    Macroeconomics Study Set 26
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    Exam 6: Growth and Ideas
  5. Question
    Consider the Romer Model
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Consider the Romer Model

Question 5

Question 5

Essay

Consider the Romer model.If the percentage of the population engaged in ideas formation,and ?8?¯ decreases,what are the short- and long-term impacts of this shift?

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This is the opposite of Figure 6.4;initi...

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