contestada

Explain why a nation cannot continue to grow forever just by adding capital. A nation cannot continue to grow forever just by adding capital because the economic growth of a country also depends on natural resources, 5) The Solow model focus on how resources affect output. In this chapter, we focused on capital. A. Name the other two major categories of resourcesOutput and Laborb. Draw an aggregate production function with a typical shape; label this function F. (label all curves and axis) c. Draw a second production function that indicates a technological advancement; label this new function F1. (label all curves and axis)