What initial conditions might be important


Problem

How can a country try to improve its rate of "technical efficiency change"? What public policies might be required? What "initial conditions" might be important if an economy is to have a positive rate of technical efficiency change? Is "knowledge or technology" something that all economies can use with the same effectiveness? Why, or why not?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What initial conditions might be important
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