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* When the second point displays on the screen, it might be helpful to remind students that, in the Solow model’s steady state, total output grows at rate n + g. Thus, we can estimate n + g for the U.S. simply by using the long-run average growth rate of real GDP. * * * 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 * * * * Table 8-2 on p.217 * * Check out the second paragraph on p.220: It gives a nice contrast of the Solow model and Marxist pr
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