1.Germany and the United States. Per capita output is higher in the United States than in Germany. According to recent studies, what is the main cause of this difference? 2. Technology and Potential...

1.Germany and the United States. Per capita output is higher in the United States than in Germany. According to recent studies, what is the main cause of this difference?

2. Technology and Potential Output. Suppose that technology improves: for any level of the capital stock, the short-run production function shifts up. What happens to potential output?