Question
Three possible sources of growth in per capita output are: (a) Population growth; (b) Capital accumulation; and (c) Technology progress' Which of these factors can
Three possible sources of growth in per capita output are: (a) Population growth; (b) Capital accumulation; and (c) Technology progress'
Which of these factors can account for growth in per capita output during a country's transition to a long-run, steady-state equilibrium? Explain. Give some real-world examples.
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
