An increase in the initial stock of knowledge Suppose we have two economies let's call them Earth and Mars that are identical, except that one begins with a stock of ideas that is twice as large as the other A Earth 2 x A Mars The two 00 economies are so far apart that they don't share ideas, and ...

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An increase in the initial stock of knowledge: Suppose we have two economies- let's call them...

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Macroeconomics

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Authors: Charles I. Jones

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An increase in the initial stock of knowledge: Suppose we have two economies- let's call them...

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