According to Willliamson our standard neoclassical economic objective should lead us to study real wage convergence, rather
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According to Willliamson our standard neoclassical economic objective should lead us to study real wage convergence, rather than output per person convergence. Describe exactly what is meant by the term "modern economic growth", how this type of growth is linked to the standard neoclassical economic objective, and why this link leads Williamson to focus on real wages.?
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ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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