by Belinder | Feb 7, 2022 | Economics
Consider two economies, A and B. Both economies are described by the model in Section 8.3, having a population growth function similar in form to that in Figure 8.6. You know that the population growth function’s peak is at L*/L = 0.02, or 2% per year. Both...
by Belinder | Dec 21, 2021 | Economics
Consider two economies, A and B. Both economies are described by the model in Section 8.3, having a population growth function similar in form to that in Figure 8.6. You know that the population growth function’s peak is at L*/L = 0.02, or 2% per year. Both...