Question: Long Run: Romer Consider the Romer model with all else equal, except: Y. = A Lyt a. Interpret this production function. b. What is the


Long Run: Romer Consider the Romer model with all else equal, except: Y. = A Lyt a. Interpret this production function. b. What is the growth rate of knowledge. c. What is the growth rate of output and how does it compare to the baseline model
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