Explain the role of technology and productivity on growth in capitalist economies.
-Why is productivity important for growth? What happens if productivity falls?
Correct Answer:
Verified
Q1: Whats defention of terms:
-average propensity to save
Q2: Whats defention of terms:
-outsourcing
Q3: Whats defention of terms:
-rate of growth
Q4: Explain the role of savings and investment
Q5: Explain the role of savings and investment
Q7: Explain the role of technology and productivity
Q8: Discuss conservative policies for growth derived from
Q9: Discuss conservative policies for growth derived from
Q10: Describe the progressive critique of conservative policies
Q11: Summarize patterns of growth and the explanations
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