• a. Discuss the evolution of the world distribution of income over the last four decades. Is the distribution becoming unimodal? If so, how? If not, how? • b. Do you think that, without technological progress, the average level of human capital of an economy can increase without bounds? Why or why not?
• a. Discuss the evolution of the world distribution of income over the last four decades. Is the distribution becoming unimodal? If so, how? If not, how? • b. Do you think that, without technological progress, the average level of human capital of an economy can increase without bounds? Why or why not?
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 4P
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