Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
Question
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Chapter 23, Problem 8SPA

(a)

To determine

Explain the processes that will bring the growth of the real GDP per person to stop according to the classical growth theory.

(b)

To determine

Explain the processes that will bring the growth of the real GDP per person to stop according to the neoclassical growth theory.

(c)

To determine

Explain the processes that will bring the growth of the real GDP per person to stop according to the new growth theory.

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