9. Modern growth theory still uses the basic Solow production function as a starting point, but the...

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9. Modern growth theory still uses the basic Solow production function as a starting point, but the emphasis is much different.

a. What is the key theoretical distinction between modern growth theory and the Solow growth models?

b. How does this one difference affect policy recommendations? l-58

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Principles Of Macroeconomics

ISBN: 9780393614091

2nd Edition

Authors: Lee Coppock, Dirk Mateer

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