Chile's per capita GDP rose from $7,709 to $20,208 over 23 years (1985- 2008). Which of the following factors is included in modern growth theory but not in the Solow model? Click or tap a choice to answer the question. expanded water-management infrastructure to support agriculture new technology that has revolutionized the salmon industry privatization of many government-owned businesses an expanded wine industry that takes advantage of Chile's geography

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter16: Creating An Environment For Growth And Prosperity
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e Page(s) 416-418 12.4. Why are institutions the key to economic growth?
Chile's per capita GDP rose from $7,709 to $20,208 over 23 years (1985-
2008). Which of the following factors is included in modern growth
theory but not in the Solow model?
Click or tap a choice to answer the question.
expanded water-management
infrastructure to support
agriculture
new technology that has
revolutionized the salmon
industry
privatization of many
government-owned businesses
an expanded wine industry that
takes advantage of Chile's
geography
Transcribed Image Text:e Page(s) 416-418 12.4. Why are institutions the key to economic growth? Chile's per capita GDP rose from $7,709 to $20,208 over 23 years (1985- 2008). Which of the following factors is included in modern growth theory but not in the Solow model? Click or tap a choice to answer the question. expanded water-management infrastructure to support agriculture new technology that has revolutionized the salmon industry privatization of many government-owned businesses an expanded wine industry that takes advantage of Chile's geography
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