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Economic Growth
đ Economics - Reading 2
Overall Progress
0 / 5 LOS
describe the production function approach to modeling economic growth.
explain the relationship between the production function, capital accumulation, and the steady state level of capital.
explain the impact of the saving rate and technological progress on the level and growth rate of output.
compare the classical, neoclassical, and endogenous growth models.
describe the role of convergence in economic growth models.
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