e government can't only choose increasing either education or health expenditure in order for country enjoy production growth

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A: Economy experiences long run economic growth when its production potential increases.

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A: Yp = $1.4 million      Yp = 0.07 Per yearYQ = $12.0 million  YQ = 0.02 Per Year GDP Grown By the…

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A: * ANSWER :-  * (B)

Q: Suppose that 25 yean ago a country had nominai GDP of 1000, a GDP deflator of 200, an opulation of…

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A: Definition:   Gross domestic product Per Capita is an estimation of the surmised worth of a…

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Q: Year 2019 Year 2020 Items Q2019 P2019 Q2020 P2020 Burgers Guitars 100 5 120 4 50 100 40 120 Using…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

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A: Export is the process of selling products and services outside the country’s border.

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A: The Gross Domestic Product (GDP) is the summation of the money value of all the final goods and…

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A: Conventional economists: Sustained economic development as estimated by net public items is the way…

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Q: Click the 1con the View Ihromation aboucthe Iniial hmodel used nere. Show that it is possible for…

A:

Q: The following table shows the GDP per capita of various countries for the years 1960 and 2010 in…

A: *Answer:

Q: 4) if GDP doubles in 15 years, what must be the average annual rate of growth? (Use the precise…

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Q: Assuming that real GDP per person is a good measure of living standards, between 2016 and 2017,…

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A: Economic growth is defined as an increase in the stock of final goods and services from one period…

Q: E3

A: An economic system is a way for societies or governments to organise and distribute available…

Q: What are the potential negative effects of growth in recent decades and in the foreseeable future?

A:

Q: Suppose a country’s total output is growing 10 percent per year, but its population is growing 11…

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Q: Saved The accompanying table shows real GDP from 2010 to 2015 for China, measured in billions of…

A: (a) Completed table is given below

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A: The rule of 70 is a formula for calculating how long it would take to double a number based on its…

Q: 5) Purpleland's Real GDP was 196 billion dollars in 2006 and 206 billion dollars in 2007.…

A: here calculate the following points by using the given information which are as follow-