Please enable JavaScript.
Coggle requires JavaScript to display documents.
Long-Run Economic Growth (Role of Government (Protection of property…
Long-Run Economic Growth
-
-
-
Labor Productivity
-
Aggregate production function: shows how productivity depends on the quantities of physical capital per worker as well as the state of technology
-
-
-
-
Physical Capital
a factor of production consisting of machinery, buildings, computers, and the like.
-