ECONOMICS, 5e

Roger Arnold

CHAPTER 17

Economic Growth:
Resources, Technology, and Ideas

Exhibit 1 Absolute Real Economic Growth Rates for the United States, 19901998

SOURCE:Council of Economic Advisors, Economic Report of the President, 1999 (Washington, D.C.: U.S. Government printing Office, 1999), and Bureau of Labor Statistics.

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Exhibit 2 Economic Growth from an Inefficient Level of Production

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Exhibit 3 Economic Growth from an Efficient Level of Production

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Exhibit 4 Investment and Per Capita Real Economic Growth for Selected Countries, 19701990

SOURCE: Council of Economic Advisors, Economic Report of the President, 1997 (Washington, D.C.: U.S. Government printing Office, 1997).

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