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In the Solow model with technological change, A. what is the immediate impact of war on total output and on output per person when war destroys both capital and labor but destroys relatively more

In the Solow model with technological change,
A. what is the immediate impact of war on total output and on output per person when war
destroys both capital and labor but destroys relatively more capital as in WWII in Europe?
B. What happens to output per worker in the postwar economy? Is the growth in output per
worker after the war smaller or greater then normal?

Apr 13 2021 View more View Less

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