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Market economy occurs slowly - PowerPoint PPT Presentation

In this chapter, we learn: how to set up and solve a macroeconomic model.

In this chapter, we learn: how to set up and solve a macroeconomic model. how a production function can help us understand differences in per capita GDP across countries. the relative importance of capital per person and total factor productivity in accounting for these differences.

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Market economy occurs slowly - PowerPoint PPT Presentation

In this chapter, we learn: how to set up and solve a macroeconomic model.