Explain the important factors that stimulate the growth of economy

Q: What is economic growth

A: Economic growth is a rise in value of goods and services produced within the economy, adjusted for…

Q: What has surprised you most about the measurement of economic development?

A: Economists and statisticians employ a variety of ways to track economic progress. The most…

Q: Please define and discuss Economic Growth with examples

A: Economic growth means a rise in the production of goods & services in a country. It means a rise…

Q: Explain three polices that facilitate economic growth?

A: Economic growth refers to an increase in the market value of goods and services over a period of…

Q: What information will you need to compute growth rate of investment?

A: The investment refers to the process of capital formation which leads to the addition of the capital…

Q: what is differences in the types of incentives that economists propose for increasing economic…

A: Answer: Eсоnоmiс  develорment  inсentives  stаte  аnd  lосаl  gоvernment  effоrts  tо  enсоurаge…

Q: Does a country need to be well endowed with natural resources in order to experience rapid long-term…

A: Economic growth refers to the increase in the amount of goods and services produced in the economy.…

Q: Explain how the saving rate and the rate of population growth affect the steady-state level of…

A: Steady State Growth: A steady-state growth rate refers to an economy that grows at a constant rate.…

Q: According to Malthus, how does economic growth and population relate to each other?

A: Economic growth models are designed to show how growth in capital stock, increase in the labour…

Q: It is not possible for a country to experience A. economic growth and economic development…

A: Answer. Option- d  Economic development without economic growth is correct. Economic development is…

Q: Define economic growth and discuss its utility at the scale of one country and at the global scale.

A: Economic growth is the rise in overall level of output of an economy. The most common way to measure…

Q: In the mid-1990s, it appeared that productivity growth increased substantially in the U. S, economy.…

A: The economy of the United States of America (US) experienced around 25 years of sluggish gains…

Q: Identify 4 public policies that can stimulate employment and facilitate economic growth in an…

A: In an economy, public policies refers to the government action that has an impact on the majority of…

Q: Discuss public policies that can facilitate economic growth in a country.

A: Public policy refers to the policies and program adopted and implemented by the government in order…

Q: Shows how the graph will look for the positive relation between growth rate and standard of living…

A: When a country grows and started producing more output the standard of living for the people's also…

Q: If you were in a position to run an economy, what steps would you take to raise our rate of…

A: Answer: *If i were in a position to run an economy *The following steps would be undertaken to raise…

Q: Would you rather live in a nation with a high per capita GDP and low growth rate, or in a nation…

A: Answer in Step 2

Q: Understanding of growth is important because it means that the country wants to grow in which region…

A: Economic growth refers to an increase in the value of goods and services produced in the economy…

Q: Explain the differences and similarities between economic growth and economic development

A: The economy is the combination of mainly three activities such as manufacturing, distribution, and…

Q: Why capital formation and technical progress is a source of economic growth

A: Meaning of Economic Growth: The term economic growth refers to the growth towards the internal…

Q: what does it mean by productivity, why it is important and how to improve productivity growth for an…

A: An economy is defined as a vast network of interrelated production, consumption, and trade…

Q: Is it a good idea to maximize economic growth by producing and consuming more and more economic…

A: Economic decisions depends on factors of supply and demand of goods and services.

Q: Economic growth can originate from the demand side or from the supply side of the economy. Discuss…

A: Increasing demand for products and services, according to demand-side economics, is the most…

Q: WHAT IS THE IMPORTANCE OF ECONOMIC GROWTH?

A: Economic growth indicates that a country's limited resources are being used more efficiently. It is…

Q: Which of the following statements about economic growth is false Select one: O a. Economic growth…

A: Economic growth refers to the situation when an economy generated relatively more output than…

Q: WHAT ARE ALL THE SOURCES OF LONG TERM ECONOMIC GROWTH

A: Economic Growth is referred to as increase in the production of various goods and services in an…

Q: Describe Factors that may hinder economic growth

A: Economic growth refers to a rise in the production of economic goods and services, compared from one…

Q: Why is saving important for economic growth and development

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: relate the terms: increase, growth.

A: Economics refers to the human behavioral study in response of utilizing the scarce resources, that…

Q: An increase in would lead to an increase in long-run economic growth. a) consumer spending and…

A: Economic growth is the permanent increase in real GDP per capita.

Q: Explain the consequences of both too low and too high a growth rate

A: Economic growth refers to the increasing production activities in a country over a specific period…

Q: Distinguish between economic growth and economic development. How important is the accumulation of…

A: The difference between economic growth and economic development is listed below.

Q: List and discuss at least three significant contributions a government can make toward a country's…

A: Economic growth refers to an increase in the aggregate output that is produced in an economy. With…

Q: Discuss: what the relationship between productivity and growth is. What can help improve…

A: In economics, productivity is the measure of output per unit of input where inputs are labor ,…

Q: Which of the following will contribute to economic growth? a. Technologies that reduces production…

A: Economic Growth is the increase in the output or production of goods and services in the country…

Q: Which of the following would not necessarily lead to long-term economic growth

A: A rise in the output of goods and services in an economy is referred to as economic development.…

Q: how higher saving in a country leads to a higher growth rate in that country.

A:

Q: List as many causes of economic growth

A: Economic growth refers to an increase in the total value of all the goods and services produced in a…

Q: Discuss the methods and factors than can help to improve economic growth?

A: Economic growth(g) refers to the increase GDP i.e. increase in the market(mkt) value of all final…