Figure 6.2: Romer Model: Per Capita Output

Multiple Choice

Figure 6.2: Romer Model: Per Capita Output
-In the Romer model in Figure 6.2, at time t₀, a change in the shape of the production function can be explained by:

A) an increase in the population
B) an increase in the research share
C) an increase in the ideas efficiency parameter
D) an increase in the saving rate
E) an increase in the growth rate