Lecture 3 33

Lecture 3 33 - (hence investment) will have higher income...

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Predictions of the Solow Growth Model 1. Increasing the Savings Rate The Solow model predicts that countries with higher savings
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Unformatted text preview: (hence investment) will have higher income per capita Source: Mankiw, Macroeconomics (6 th ed)...
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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