According to Paul Krugman, the rapid growth rates of the Asian Tigers are
A) a true miracle.
B) the result of a transition to a higher steady state equilibrium brought about by sharp increases in saving and their effective labor forces.
C) the result of a transition to a higher steady state equilibrium brought about by an increases in consumption and a decrease in saving.
D) the result of rapid technological progress, based largely on copying ideas from developed countries.
Correct Answer:
Verified
Q35: The reason that the textbook converted the
Q36: The Solow model assumes that
A) the proportion
Q37: According to Mazumdar's theory (1992) and Lewer
Q38: In the Solow model, the transition from
Q39: In his famous article, The Myth of
Q41: An economic model can be presented using:
A)
Q42: The idea that one should not increase,
Q43: Holism and science are:
A) perfectly compatible.
B) diametrical
Q44: The fact that we still do not
Q45: The holistic approach to seeking knowledge recognizes
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