Define the Economics terms below for .
. (a) national accounting identity
. (b) Hodrick Prescott filter and what it does
. (c) Cobb Douglas production function
. (d) relationship between the production function and the production possibility frontier for RC
. (e) preferences between consumption and leisure
. (f) CES utility function
. (g) CES utility and elasticity (or inelasticity) of demand for consumption
. (h) the importance of non-labor income
. (i) marginal product of labor (and its relation to wages)
. (j) marginal product of capital (and its relation to rents)
. (k) aggregate supply curve for labor
. (l) aggregate demand curve for labor (and where it comes from)
. (m) lump sum tax
. (n) sources of economic growth (from production function)
. (o) Kaldor's facts about economic growth
. (p) Williamson's facts about economic growth
. (q) convergence of economic growth
. (r) conditional convergence of economic growth
. (s) effective labor and labor augmenting technology
. (t) total factor productivity
. (u) Solow residual
. (v) Golden rule
. (w) endogenous and exogenous growth (and the diference)
. (x) AK model
. (y) production externalities