Production and Economic Growth

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Across
  1. 4. Another name for the New Growth Theory (Hint: Starts with E)
  2. 5. a growth theory that suggests that the population growth rate is independent of real GDP and the real GDP growth rate
  3. 6. the effect whereby countries that start off poor tend to grow more rapidly than countries that start off rich.
Down
  1. 1. one of the Tiger Asian countries (HINT: It was used in an example during the week 5 lecture)
  2. 2. denoted by K explaining the cost of equipment and structures used to produce goods and services.
  3. 3. a growth that measures the growth rate of output not explained by the growth rates of the inputs (K,L,H,N,A)