The Big Questions of Economic Growth Chapter 11 The Big Questions of Economic Growth

Figure 11-1 Saving, Investment, and Capital per Hour in Long-Run Equilibrium for a Poor Nation Copyright © 2003 by Pearson Education, Inc.

Figure 11-2 Output per Hour of Rich and Poor Nations During the Period of Convergence Copyright © 2003 by Pearson Education, Inc.

Figure 11-3 Output per Worker Relative to the United States in 1960 and the Growth of Output per Worker, 1960–90 Copyright © 2003 by Pearson Education, Inc.

Figure 11-4 The Effect of a Low Saving Rate or High Rate of Population Growth on Output per Worker Copyright © 2003 by Pearson Education, Inc.

Figure 11-5 Share of Investment in GDP and Output per Worker as a Percentage of the U.S. Level Copyright © 2003 by Pearson Education, Inc.

Figure 11-6 Output per Worker Relative to the United States and Educational Attainment Measured as Years of Schooling Copyright © 2003 by Pearson Education, Inc.

Figure 11-7 U.S. Output per Hour in 2001 Dollars Compared with its 1948–73 Trend Extended to 2002 Copyright © 2003 by Pearson Education, Inc.

Figure 11-8 The Effect on the Labor Market of an Adverse Productivity Shock and a Downward Shift in Labor Supply

Figure 11-9 Four-Quarter Growth Rate of U. S Figure 11-9 Four-Quarter Growth Rate of U.S. Output per Hour, 1973–2002