joeooi13
Badges: 1
Rep:
?
#1
Report Thread starter 2 years ago
#1
Given that there is technological progress and the labour force is constant. When there is a jump up in the population, the output per effective worker is said to decrease. This far I know. However, the question continues to ask why? How do I explain that the investment and capital is used to train new workers using the solow formulas?
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Do you have the space and resources you need to succeed in home learning?

Yes I have everything I need (255)
57.17%
I don't have everything I need (191)
42.83%

Watched Threads

View All