Figure 6.2: Romer Model: Per Capita Output

Multiple Choice

Figure 6.2: Romer Model: Per Capita Output
-In the Romer model, if an economy's share of researchers decreases, there will be:

A) an immediate decrease in output and output growth will slow.
B) an immediate increase in output and output growth will slow.
C) an immediate increase in output and output growth will accelerate.
D) an immediate decrease in output and output growth will accelerate.
E) no change in output but output growth will slow.