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1.How useful is the Solow model in understanding empirical evidence relating to economic growth in these economies. 2. how do endogenous growth theories enhance your
1.How useful is the Solow model in understanding empirical evidence relating to economic growth in these economies.
2. how do endogenous growth theories enhance your understanding of growth in these economies.
3. Studies found that economies having similar cultures and policies converge to one
another at a rate of about 2 percent per year. Looking at the data you have gathered, do
you agree with this finding? Why?
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