Question

Vernon Ruttan and an economist from this country created an influential model of agricultural (10[1])development as induced innovation. An economist from this country is the alphabetically-first who names a model in which patient “gatherers” and impatient “farmers” drive economic fluctuations. (10[1]-5[1])An economist from this country co-names a model of credit cycles with John Moore and a model of monopolistic competition with Olivier Blanchard. Derivatives of production functions fulfill conditions named for an economist from this country in neoclassical growth models. Richard Werner first coined the term “quantitative easing” for policies this (10[1]-5[1])country used (10[2])in response to the 1992 asset price (10[1])crash (10[1])that ended its leadership role in the Flying Geese paradigm. (10[2])For 10 points, name this Asian country (10[2])whose economy (10[1])suffered the (10[1])“Lost Decade” (10[4])in the 1990s. (10[1])■END■ (10[1]0[1])

ANSWER: Japan [or Nippon-koku or Nihon-koku] (Clues include Yujiro Hayami, Nobuhiro Kiyotaki, and Ken’ichi Inada.)
<Social Science>
= Average correct buzz position

Summary

2024 ACF Nationals2024-04-21Y2095%0%10%103.37

Buzzes

PlayerTeamOpponentBuzz PositionValue
Chris SimsNorthwesternStanford1310
Joey SunToronto BCornell A39-5
Caleb KendrickMarylandPenn3910
Joseph ChambersVirginiaNorth Carolina A9010
Nicholas TunksMinnesota BDuke90-5
Karthik PrasadCornell BTexas9210
James StevensonMichiganColumbia B9210
Neal JoshiWUSTL BYale A9910
Adrian WongOttawaIllinois10010
Jonathan LauJohns HopkinsNYU11010
Matt JacksonChicago ASouth Carolina11010
Geoffrey WuColumbia AClaremont Colleges11710
Alan WuVanderbiltYale B11710
Jakob MyersIndianaFlorida11910
Jason HongBrownMcGill12110
Andrew KelleyKentuckyToronto A12310
Lexi TermanRutgersHarvard12310
Nathaniel HullBerkeley ANorth Carolina B12310
Fred GarveyTruman StatePurdue12310
Ben WeinerMinnesota AChicago C12610
Raymond WangCornell AToronto B12710
Ashish SubramanianDukeMinnesota B1270