Effects of economic growth

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Demonstrate each of the following events by a production possibility frontier graph, and examine what the effects of it were on economic growth;

  1. The effects of the Baby Boom-the sharp increases in the birth rates in the U.S. from 1946 to 1964-on the U.S. economy in the 1970s and 1980s.
  2. The effects on the development and diffusion of computer technology in the 1970s and 1980s on the U.S. economy in the late 1990s to the present.
  3. The effects of the decline in public investment in the United State over the last 20 years or so on the U.S. economy in the future.
  4. The effects of the Baby Boom on the United State economy in the years 2011 to 2029.

 

Reference no: EM1373319

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