11.2 Classical Economic Growth Theory ⊙ Presumption1 The number of the labour is increased in exponential form * Lt: labour is the function of the time Lo labour radices i *e: natural logarithm *gL: labour growth rate L=l L 0 复表经济学院11.2 Classical Economic Growth Theory Presumption 1 ❖ The number of the labour is increased in exponential form; Lt:labour is the function of the time; L0 :labour radices; e :natural logarithm; gL :labour growth rate g t t L L L e . = 0