曼昆经济学原理英文版文案加习题答案章图文稿.pdf

曼昆经济学原理英文版

文案加习题答案章

文件管理序列号：[K8UY-K9IO69-O6M243-OL889-F88688]

25

PRODUCTIONANDGROWTH

WHAT’SNEWINTHESEVENTHEDITION:

ThereisanewIntheNewsboxon“DoesFoodAidHelporHurt”

LEARNINGOBJECTIVES:

Bytheendofthischapter,studentsshouldunderstand:

howmucheconomicgrowthdiffersaroundtheworld.

whyproductivityisthekeydeterminantofacountry’sstandardof

living.

thefactorsthatdetermineacountry’sproductivity.

howacountry’spoliciesinfluenceitsproductivitygrowth.

CONTEXTANDPURPOSE:

Chapter12isthefirstchapterinafour-chaptersequenceonthe

productionofoutputinthelongrun.Chapter12addressesthe

determinantsofthelevelandgrowthrateofoutput.Wefindthat

capitalandlaborareamongtheprimarydeterminantsofoutput.In

Chapter13,weaddresshowsavingandinvestmentincapitalgoodsaffect

theproductionofoutput,andinChapter14,welearnaboutsomeofthe

toolspeopleandfirmsusewhenchoosingcapitalprojectsinwhichto

invest.InChapter15,weaddressthemarketforlabor.

ThepurposeofChapter12istoexaminethelong-rundeterminantsof

boththelevelandthegrowthrateofrealGDPperperson.Alongtheway,

wewilldiscoverthefactorsthatdeterminetheproductivityofworkers

andaddresswhatgovernmentsmightdotoimprovetheproductivityof

theircitizens.

KEYPOINTS:

Economicprosperity,asmeasuredbyGDPperperson,varies

substantiallyaroundtheworld.Theaverageincomeintheworld’s

richestcountriesismorethantentimesthatintheworld’s

poorestcountries.BecausegrowthratesofrealGDPalsovary

substantially,therelativepositionsofcountriescanchange

dramaticallyovertime.

Thestandardoflivinginaneconomydependsontheeconomy’s