This exercise refers to Exercise 49a. Consider the entry k * ii = 0.293 of the
Chapter 2, Problem 50(choose chapter or problem)
This exercise refers to Exercise 49a. Consider the entry k * ii = 0.293 of the technology matrix A. Verify tiiat the entry in the first row and the first column Of (In - A )'1 is the value of the geometrical series 1 + k + k H----. Interpret this observation in terms of economics.
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