琐碎
发表于 2025-3-23 10:41:25
Money and Economic Growth,nd hence of saving) depends on the aggregate supply of goods. The supply of goods is determined by a production function relating output to two factors of production, capital and labor. It is assumed that at each instant there is full employment equilibrium represented by the equality of saving and
厌烦
发表于 2025-3-23 16:09:04
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GNAW
发表于 2025-3-23 21:50:54
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PLUMP
发表于 2025-3-23 22:37:45
The Speed of Adjustment in Growth Models, to consider the question: How long will it take an economic system to reach a balanced growth path? For example, suppose that a given economy is already in long run equilibrium growth. Now let the government increase the overall saving rate by appropriate fiscal measures. We know that (see exercise
Abjure
发表于 2025-3-24 05:50:32
Optimal Growth,tion of whether a given economy would be willing to save more in one period and invest it so that a larger output may be obtained in the next period and hence a larger consumption. The saving rate s is often a given parameter which can be altered by appropriate fiscal policy. We did attempt to find
MEN
发表于 2025-3-24 09:41:37
Two Sector Growth Models,tal) goods. It will be recalled that in a single good economy, the commodity served both consumption and investment needs. In practice, however, it will be more appropriate to treat the production and demand for the two types of commodities separately. We first review the static two-sector, two-fact
Anticonvulsants
发表于 2025-3-24 11:28:44
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Laconic
发表于 2025-3-24 17:45:54
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frugal
发表于 2025-3-24 19:40:12
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虚度
发表于 2025-3-25 00:56:10
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