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 an increase in the:

A) population.
B) share of labor engaged in research.
C) ideas efficiency parameter.
D) saving rate.
E) growth rate.