Explain economic growth, Within rich economies, there is

Explain economic growth

Assignment Help Microeconomics

Reference no: EM13174853

1.Economic growth ________.

is driven by growth of technology, growth of labor and growth of capital.

is driven primarily by digital technology.

is driven primarily by labor growth.

cannot be explained using economic models.

2.The per-worker production function is ________.
upward-sloping.
downward-sloping
vertical.
horizontal.

3. Within rich economies, there is strong evidence of convergence ________.
for regions within a country.
with developing economies.
leading to military conflict.
of capital stocks, rather than output

Reference no: EM13174853

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