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please answer all of them 36) What do we mean by endogenous technological growth ? 37) 38) If intellectual property rights become better secured, then what happens to g in the solow model ?

please answer all of them

36) What do we mean by endogenous technological growth ?

37)

38) If intellectual property rights become better secured, then what happens to g in the solow model ?

a) rises

b) stays the same

c) falls

d) becomes negative

What are two shortcomings of real GDP per capita from a welfare perspective ?

39) _________________________________

40) __________________________________

41) True / False A positive savings rate will mean capital per worker rises ?

42) What is the difference between absolute convergence and conditional convergence?

43)

44)

45) Adding up how much of GDP goes to workers is part of the_____________________________ approach to

measuing GDP

46) Adding up how much of GDP goes to consumers is part of the_____________________________ approach

to measuing GDP

47) Adding up how much of GDP goes to the education industry is part of the_____________________________

approach to measuing GDP

Ceterus Paribus, in the solow model, growth rate of capital per worker will: (CIRCLE ANSWER)

48) ________________ with a higher savings rate Increase decrease no change

49) ________________ with a lower population growth rate Increase decrease no change

50) ________________ with a higher depreciation rate Increase decrease no change

51) ________________ with a drop in population Increase decrease no change

52) ________________ with a drop in level of total capital Increase decrease no change

53) ________________ with a lower level of technology Increase decrease no change

54) ________________ with a lower growth rate of technology Increase decrease no change

May 12 2021 View more View Less

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