KokiCarroll1285 KokiCarroll1285
  • 01-04-2024
  • Business
contestada

Use the Romer model to answer the questions below. Suppose the economy is initially at its steady state, and the population happens to decrease in a permanent manner. What happens to output per worker (y)?
a) Increases
b) Decreases
c) Remains unchanged
d) Insufficient information provided

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