Key Terms
Match each of the terms on the left with its definition on the right. Click on the term first and then click on the matching definition. As you match them correctly they will move to the bottom of the activity.
Question
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Rule of 70, p. 380
Labor productivity, p. 382
Productivity, p. 382
Physical capital, p. 383
Human capital, p. 383
Technological progress, p. 383
Aggregate production function, p. 384
Diminishing returns to physical capital, p. 384
Growth accounting, p. 386
Total factor productivity, p. 387
Research and development (R&D), p. 391
Infrastructure, p. 392
Convergence hypothesis, p. 397
Sustainable long-run economic growth, p. 400