Download Figure 11-2

Chapter 11
The Big Questions
of Economic
Growth
Figure 11-1 Saving, Investment, and Capital per
Hour in Long-Run Equilibrium for a Poor Nation
Copyright © 2003 by Pearson Education, Inc.
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Figure 11-2
Output per
Hour of Rich
and Poor
Nations During
the Period of
Convergence
Copyright © 2003 by Pearson Education, Inc.
11-3
Figure 11-3 Output per Worker Relative to the United States in 1960
and the Growth of Output per Worker, 1960–90
Copyright © 2003 by Pearson Education, Inc.
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Figure 11-4
The Effect of a
Low Saving Rate
or High Rate of
Population
Growth on
Output per
Worker
Copyright © 2003 by Pearson Education, Inc.
11-5
Figure 11-5 Share of Investment in GDP and Output per
Worker as a Percentage of the U.S. Level
Copyright © 2003 by Pearson Education, Inc.
11-6
Figure 11-6 Output per Worker Relative to the United States and
Educational Attainment Measured as Years of Schooling
Copyright © 2003 by Pearson Education, Inc.
11-7
Figure 11-7 U.S. Output per Hour in 2001 Dollars
Compared with its 1948–73 Trend Extended to 2002
Copyright © 2003 by Pearson Education, Inc.
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Figure 11-8
The Effect on the
Labor Market of an
Adverse Productivity
Shock and a
Downward Shift in
Labor Supply
Figure 11-9 Four-Quarter Growth Rate of
U.S. Output per Hour, 1973–2002