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| How docs the rate of population growth influence the level of GOP per Jl<'rson? |
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- What do the growth accounting studies conclude are the determinants of growth? Which is more important, the determinants or how they am combined?What is capital deepening?An economy starts off with a GDP per capita of 5,000. How large will the GDP per capita be if it grows at an annual rate of 2 for 20 years? 2 for 40 years? 4 for 40 years? 6 for 40 years?
- What are the advantages of backwardness for economic growth?If real GDP increases from $100 billion to $105 billion, and the population increases from 100 million to 102 million, what is the grwoth rate of real GDP per person? The growth rate of real GDP person person is ____ percent.Don't give AI solution A country had real GDP per peria of 5800 in 2005 and has had average real GDP growth of 8.4 %per wear, over the next 15 years, What is real GDP - at the end of that period?
- A nation can achieve higher economic growth if: a)the productivity oflabor declines. b)more resources areallocated to consumption goods. c)it devotes more resources to research and development. d)taxes are imposed oninvestment in capital.Describe the flying-geese pattern pf economics growth? what countries have prusued thia strategy?What is the Growth of Real GDP per capita if population growth is 0.5%?
- Does a hi~her rate of saving lead to higher growthtemporarily or indefmitcly?Give an example of a time period where the US had relatively higherGDP growth than most other developed countries. What are some rea-sons/explanations for this higher growth? Explain it step by step pleaseHow does the rate of population growth influencethe level of GDP per person?
