Lecture 3 29

Lecture 3 29 - A numerical example Production function...

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A numerical example Production function (aggregate): 5 . 0 5 . 0 ) , ( N K N K N K F Y = × = = == 1/2 () y fk k To derive the per-worker production function, divide through by N: Then substitute
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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