Define modern economic growth and explain the institutional


Define "modern economic growth" and explain the institutional structures needed for an economy to experience it.

Identify the general supply, demand, and efficiency forces that give rise to economic growth.

Describe "growth accounting" and the specific factors accounting for economic growth in the United States.

Explain why the trend rate of U.S. productivity growth has increased since the earlier 1973.

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Microeconomics: Define modern economic growth and explain the institutional
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