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Question 1 a) Describe the impact of capital deepening according to the Solow Growth Model. b) What does Paul Romer's Theory of Endogenous Growth recommend

Question 1

a) Describe the impact of capital deepening according to the Solow Growth Model.

b) What does Paul Romer's Theory of Endogenous Growth recommend as policy recommendations for a nation seeking to enhance its long-run aggregate supply?

c) Describe the impact of the following on a country's economic growth: demographic profile, openness to trade, geography.

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