Neo classical theory of economic growth

Assignment Help Macroeconomics

Reference no: EM1314395

Explain the neoclassical theory of economic growth. Then discuss how the neoclassical theory is impacted by research about endogenous technological changes and increasing marginal returns. Be sure to clarify what the italicized terms mean. Explain and describe in full with examples & diagrams.

Reference no: EM1314395

Questions Cloud

Computation of per capita gdp-population and gdp : If the US population is growing at .88% per year, while GDP is growing at 2.5% per year, and if these growth rates remain constant for the next five years, what will be the population and GDP levels in five years? Please show your work.

Computation the amount of each coupon payment : Computation the amount of each coupon payment and A bond has a par value of $1000 and a current yield of 6.452 percent

Domestic price level using is or lm or bp model : Using the IS/LM/BP model, demonstrate the effect of each of the following changes. Assume that the economy is a small country with perfect capital mobility and a flexible exchange rate.

Determining confidence interval : Determine a 95 percent confidence interval for the population mean.

Neo classical theory of economic growth : Describe the neoclassical theory of economic growth. Then explain how the neoclassical theory is impacted by research about endogenous technological changes and increasing marginal returns.

Computation of yield to maturity : Computation of yield to maturity and the bonds are quoted at 106.315. The bonds mature in 8 years

Hypothesis test of single mean and single proportion : Is it necessary to assume a normal distribution on the population to estimate the value of the mean spending per day? Explain.

Short run and long run aggregate demand : Create another diagram; once again start from an initial macroeconomic equilibrium. Explain both the SR and LR impact of a contractionary AS shock on Y. Use the appropriate diagrams and provide a brief real world example of this type of shock.

Find ending finished-goods inventory cost : Find ending finished-goods inventory cost under absorption costing and evaluate the ending finished-goods inventory cost under variable costing?

User Account

All Pages