A Romer economy starts off with an initial stock of ideas equal to 144. The growth rate of technology is 4%. The stock of ideas in period 23 is equal to:.

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An  associate degree  is an undergraduate academic degree awarded by community colleges, junior colleges, technical colleges, bachelor's degree–granting colleges, and universities upon completion of a course of study usually lasting two years.a  bachelor's  degree  (also baccalaureate, from modern latin baccalaureatus) is usually earned for an undergraduate course of study that normally requires three to five years of study (depending on institution and field of study).