(Answered) Please read chapter 15 and answer the following questions1

Management Studies

Please read chapter 15 and answer the following questions.

1. What is the impact of technological change on growth? What is meant by disembodied technological change?

2. Why is investment in human capital so important to long-run economic growth?

3. What are some of the important ways through which America's growth rate could be increased?

4. What is the relationship between economic growth and the solutions to such ills as poverty, discrimination, and the welfare situation?

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