What is effect of an increase in total factor productivity


Problem

1. What is the difference between exogenous growth and endogenous growth?

2. What are the seven economic growth facts?

3. What is the effect of an increase in total factor productivity on steady state population and consumption per worker in the Malthusian model?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is effect of an increase in total factor productivity
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