Question
Problem 5 a. Discuss the evolution of the world distribution of income over the last four decades. Is the distribution becoming bimodal? b. Do you
Problem 5
a. Discuss the evolution of the world distribution of income over the last four decades. Is the distribution becoming bimodal?
b. Do you think that, without technological progress, the average level human capital of an economy can increase without bounds? Why or why not?
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
