Lecture 4 20

Lecture 4 20 - Assume the level of technology grows at a...

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Technological Progress How to incorporate technological progress in the model? Let A be the state of technology
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Unformatted text preview: Assume the level of technology grows at a rate of g – i.e. g A A A = − '...
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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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