宏观经济学经济学princ-ch25.pptVIP

* * This and the following two slides cover material in an FYI box. If you wish, you can safely omit these slides without loss of continuity. Students may wonder why the technology variable (A) is multiplying the F( ) function rather than inside it. For now, tell them only inputs go inside the F( ) function. Ask them to wait until you show them the following slide, where it may be easier to see why we treat “A” differently than the other determinants of productivity. * * Point out to students that we are only multiplying the INPUTS by 2. We are not multiplying the technology variable (