Robert Solow, winner of the 1987 Nobel Prize in economic sciences, once wrote, “If you have to be obsessed by something, maximizing real National Income is not a bad choice.” What do you think is Solow’s main contention in this?
Robert Solow, winner of the 1987 Nobel Prize in economic sciences, once wrote, “If you have to be obsessed by something, maximizing real National Income is not a bad choice.” What do you think is Solow’s main contention in this?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Robert Solow, winner of the 1987 Nobel Prize in economic sciences, once wrote, “If you have to
be obsessed by something, maximizing real National Income is not a bad choice.” What do you
think is Solow’s main contention in this?
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