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How Might Technological Spillover Explain Why Countries with High Rates

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Essay

How might technological spillover explain why countries with high rates of population growth don't have higher per-capita income?


Definitions:

Assimilate Information

The process of absorbing and integrating new information into one's existing knowledge base.

Activate Information

To put knowledge into use or action, typically in order to achieve a specific objective.

Decision Making

The cognitive process of selecting a course of action among multiple alternatives.

Intuitively

Refers to understanding or knowing something without conscious reasoning, based on gut feeling or instinct.

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