ECO 372 Week 2 participation Principles of Macroeconomics, Ch. 12: Production and Growth

ECO 372 Week 2 participation Principles of Macroeconomics, Ch. 12: Production and Growth

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 ECO 372 Week 2 participation Principles of Macroeconomics, Ch. 12: Production and Growth
 

Consider the following as you read:

 

 

 

Consider how to describe the four determinants of productivity.
 

 

Consider how to explain how higher saving leads to a higher standard of living. What might deter a policymaker from trying to raise the rate of saving?
 

 

Consider how the rate of population growth influences the level of GDP per person.
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