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Suppose the Parameters of the Romer Model Take the Following Aˉ0=10\bar { A } _ { 0 } = 10

Question 84

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Suppose the parameters of the Romer model take the following values: Aˉ0=10\bar { A } _ { 0 } = 10 , ˉ=0.01,zˉ=1/500, and Lˉ=10,000\bar { \ell } = 0.01 , \bar { z } = 1 / 500 \text {, and } \bar { L } = 10,000
) What is the per capita income of this country in the initial period, y0?


A) about 12.1
B) about 11.9
C) about 12.0
D) about 1.19
E) about 9.9

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