(Solved): in 1995 (IT) rev 10. Produc no one So, growth policy concentrates on speeding up these progress. pr ...

in 1995 (IT) rev 10. Produc no one So, growth policy concentrates on speeding up these progress. processes. 3. Capital formation can be encouraged by low real inter- est rates, favorable tax treatment, rapid technical change, rapid growth of demand, and a climate of political sta- bility that respects property rights. Each of these factors is at least influenced by policy. 4. Policies that increase education and training—the second pillar of growth—can be expected to make a country's workforce more productive. They range from universal primary education to postgraduate fellowships in sci- ence and engineering. 5. Technological advances can be encouraged by more edu- cation, by higher rates of investment, and also by direct pynenditures-hath public and private-on research and 11. Becaus medic handi saving makes 12. The techn coun more 13. The prov corp