Re: Discussion Problem_ (8)
Posted by
Akshay Jain on
Apr 16, 2013; 6:12pm
URL: http://discussion-forum.276.s1.nabble.com/Discussion-Problem-8-tp7580077p7580094.html
but if we look at this problem from the perspective of development economics
In solow model, Growth effect implies Level effect in per capita income but Level effect does not imply Growth effect.
so e option goes with it. If X is true den Y is also true = if growth effect is true den level effect must be true...
Akshay Jain
Masters in Economics
Delhi School of Economics
2013-15