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