Definition: A macroeconomics model exhibits balanced growth if consumption, investment, and capital
grow at at a constant rate while hours of work per time period stays
constant.(Econterms)
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Terms related to Balanced Growth:
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About.Com Resources on Balanced Growth:
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Writing a Term Paper? Here are a few starting points for research on Balanced Growth:
Books on Balanced Growth:
- Cooley, Thomas F., editor. 1995. Frontiers of Business Cycle Research. Princeton University Press.
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