Any large, sustainable increase in real GDP must be the result of increased ........ It must
be due to higher......
Give this one a try later!
output per worker ; labor productivity
because of diminishing returns, an increase in the savings rate will....
Give this one a try later!
, have a proportionally smaller impact on productivity in well developed
economies than in poor economies with very little capital to start with -- as
more capital is added, each addition generates less new income than the
one before. this suggests that a given investment in capital will have a more
significant impact on productivity in nations w low levels on capital than in
nations with more capital
Alberto was jealous of the neighbors tractor- it allowed him to produce 50% more
than alberto. even though their farms are virtually identical
Give this one a try later!
physical Capital , K/L
countries real GDP pc growth rates differ largely due to disparities in the rates at
which they accumulate (..), as well as the rate of (...) change
Give this one a try later!
human and physical capital; technological
3 measures of growth, to find per capita GDP growth and productivity growth, you
first need to solve for both per capita GDP and productivity for each period
Give this one a try later!
be due to higher......
Give this one a try later!
output per worker ; labor productivity
because of diminishing returns, an increase in the savings rate will....
Give this one a try later!
, have a proportionally smaller impact on productivity in well developed
economies than in poor economies with very little capital to start with -- as
more capital is added, each addition generates less new income than the
one before. this suggests that a given investment in capital will have a more
significant impact on productivity in nations w low levels on capital than in
nations with more capital
Alberto was jealous of the neighbors tractor- it allowed him to produce 50% more
than alberto. even though their farms are virtually identical
Give this one a try later!
physical Capital , K/L
countries real GDP pc growth rates differ largely due to disparities in the rates at
which they accumulate (..), as well as the rate of (...) change
Give this one a try later!
human and physical capital; technological
3 measures of growth, to find per capita GDP growth and productivity growth, you
first need to solve for both per capita GDP and productivity for each period
Give this one a try later!
