中级宏观经济学 ppt 课件 第7、8章-1课件.pptVIP

* Before showing the next slide, ask your students which of the two views is closest to their own. * * (Part of) Table 8-2 on p.217. Figures for Germany prior to 1995 are for W. Germany * * * Check out the second paragraph on p.220: It gives a nice contrast of the Solow model and Marxist predictions for the behavior of factor prices, comparing both predictions with the data. * * * * * * Why the growth rates of Y and K are equal: Y = AK, so the growth rate of Y equals the sum of the growth rates of A and K. A is constant, so its growth rate is zero. Hence, output and capital grow at