Importance of technological progress and human capital

Assignment Help International Economics
Reference no: EM13543854

Question: The Solow growth model adequately explains economic growth. Discuss whether you agree or disagree with this statement using evidence to support your argument.

A theory of economic growth cannot ignore the importance of technological progress and human capital. Discuss whether you agree or disagree with this statement using evidence to support your argument.

Reference no: EM13543854

Questions Cloud

What the most logical pattern for this variation would be : b. Explain why the fund manager might want the notional principal on this swap to vary over time and what the most logical pattern for this variation would be
Find at what angular speed does the bar-clay system rotate : On a frictionless table, a glob of clay of mass 0.42 kg strikes a bar of mass 1.98 kg perpendicularly at a point 0.39 m from the center of the bar and sticks to it. At what angular speed does the bar/clay system rotate about its center of mass afte..
Explain the compounds with the generic formulas : Consider the compounds with the generic formulas listed below and their corresponding molar solubilities in pure water.
Calculate the average interaction force on the stick : In outer space, a baseball of mass m = 0.140 kg travels at velocity vi = (2.00 m/sec, 5.00 m/sec, 0); let the z-axis be up out of the plane of paper. calculate the average interaction force on the stick
Importance of technological progress and human capital : A theory of economic growth cannot ignore the importance of technological progress and human capital. Discuss whether you agree or disagree with this statement using evidence to support your argument.
Estimate the required radius of the centrifuge : An advertisement claims that a centrifuge takes up only 0.127 of bench space but can produce a radial acceleration of 4900 at 8160 . Calculate the required radius of the centrifuge
Find out whether or not the mixing of two solutions : Determine whether or not the mixing of each of the two solutions indicated below will result in a buffer. 1.100.0 mL of .10 M NH3; 100.0 mL of .15M NH4Cl.
Calculate the mass of saturn from this information : The planet Saturn has a satellite, Calypso, which travels in an orbit of radius 2.950×108 m with a period of 1.89 days. Calculate the mass of Saturn from this information
Explain a solution containing potassium bromide is mixed : A solution containing potassium bromide is mixed with one containing lead acetate to form a solution that is 0.013 M in KBr and 0.0035 M in Pb(C2H3O2)2. Will a precipitate form in the mixed solution

Reviews

Write a Review

International Economics Questions & Answers

  Unstable and the public sector should be large

When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending, and a recession results,

  What does imply that united should discontinue the flights

The costs per flight (presented in the article) included the costs of fuel, pilots, flight attendants, food, etc. used on the flight. They also included a share of the costs associated with running the hubs at the two airports, such as ticket agen..

  What government revenues are generated by the policy

Suppose that the world price for steel is below the U.S. domestic price, but the government requires that all steel used in the United States be domestically produced. a.Use a diagram like the one below to show the gains and losses from such a poli..

  Suggest a better arrangement and explain how it would work

Most nurses in the United States receive their education in community colleges. Mainly because of differences in class size, the cost of educating a nurse is about four times that of an average community college student.

  What is the value of adjustment factor

During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the adjustment factor?

  How the disaster of costa concordia off the coast of italy

In the cruise industry, one third of reservations are booked from january to march. Explain and diagrammatically show how the disaster of the costa concordia off the coast of italy will affect the market for cruises.

  Describe absolute and comparative advantage

Suppose that with a given unit of labour, India can manufacture 40 basketball hoops or 60 basketballs and Nepal can manufacture 10 basketball hoops or 30 basketballs.

  Does society receive more welfare to have natural monopolies

Identify the incentives to produce and price the product for a traditional monopoly and natural monopoly. Is it best for society, i.e., does society receive more welfare, to have natural monopolies provided by a private firm or by the government

  You are required to select a country of your choice review

you are required to select a country of your choice review the countrys political economy political economic and legal

  How the german government finances its budget deficit

After World War 1 Germany experienced one ofthe history's most speculator example of hyperinflation. TheGerman government did not pay for the war by taxing people moreheavily. Things got worse at the end of the war.

  Estimating opportunity cost

In one day, Canada can manufacture either 200 tonnes of wheat or ninety tonnes of copper ingots. In one day, Chile can manufacture either 120 tonnes of wheat or 175 tonnes of copper ingots.

  1 consider home and foreign in a ricardian world

1. consider home and foreign in a ricardian world includes all the assumptions of the ricardian model. each

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd