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The firms could coordinate and produce at the optimal level of point B, but, without coordination, firms might produce at a less efficient equilibrium. Growth Theory and Growth PolicyThe theory of economic growth has been one of the most important issues in economic st Resources for teaching and learning! Economics & Finance 2014 Five Things You Should Know About eTextbooks Since early 2012 Palgrave have been working with leading eTextbook Samuelson is also author (and since 1985 co-author) of an influential principles textbook, Economics, first published in 1948, now in its 19th edition. Robert Merton Solow, GCIH (/ ˈ s oʊ l oʊ/; born August 23, 1924), is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him.
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