TEST BANK FOR Advanced Macroeconomics By David Romer

Exam (elaborations) TEST BANK FOR Advanced Macroeconomics By David Romer (Solution Manual) SOLUTIONS TO CHAPTER 1 Problem 1.1 (a) Since the growth rate of a variable equals the time derivative of its log, as shown by equation (1.10) in the text, we can write (1)  ( )   ( ) Z t ln ( ) ln ( ) ( ) Z t d Z t dt d X t Y t dt   . Since the log of the product of two variables equals the sum of their logs, we have (2)  ( )   ( ) Z t ln ( ) ln ( ) ln ( ) ln ( )...