Abstract
We develop a graphical framework that allows students to easily see that a change in the growth rate of population and the growth rate of efficiency of labor have different impacts on the time path of capital and output per unit of labor.
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References
1.
Jones Charles
. 2002 . Introduction to Economic Growth . 2nd edition . London : Norton .
2.
Mankiw Gregory
. 2009 . Macroeconomics . 8th edition . Worth, New York : Worth .