
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
Edition 12ISBN: 978-1259070969 Exercise 11
Why doesn't the constant marginal product of capital assumed in this chapter's simple model of endogenous growth create a situation in which a single large firm dominates the economy, as traditional microeconomic reasoning would suggest
Explanation
A simple model with constant returns to ...
Macroeconomics 12th Edition by Rudiger Dornbusch ,Stanley Fischer,Richard Startz
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