1. a. What sorts of capital investment does this chapter suggest are most useful for explaining long-run equilibrium growth?
b. Discuss the long-run growth potential of each of the following government programs:
i. Investment tax credits
ii. R&D subsidies and grants
iii. Policies intended to increase saving
iv. Increased funding for primary education
2. What is the difference between absolute and conditional convergence, as predicted by the neoclassical growth model? Which seems to be occurring, empirically?