Classical growth theory and new growth theory both contribute to economists understanding of how the sources of

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Classical growth theory and new growth theory both contribute to economists’ understanding of how the sources of growth lead to economic growth.

a. How are they the same?

b. How do they differ?

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Macroeconomics

ISBN: 978-1259663048

10th edition

Authors: David C. Colander

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Question Posted: Dec 05, 2018 06:32 AM

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Classical growth theory and new growth theory both contribute to economists understanding of how the sources of

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a Both theories recognize a role for sa...View the full answer

Macroeconomics

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