Is the claim that lower company taxes adding to investments correct or is it debatable given the prediction on economic growth remains negative, and can you explain why?

Q: The following statement, concerning economic growth, is true: O Rapid and sustained economic growth…

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

Q: Let's assume that in a South American country, the nominal GDP went down by 1%, while, the price…

A: GDP is the value of final goods and services produced in the economy in an economic year.

Q: Suppose an economy's real GDP is $ 30,000 in year 1 and $ 31,200 in year 2.  Instructions: In part a…

A: Given: Real GDP in year 1 is equal to $30,000 and real GDP in year 2 is equal to $31,200.

Q: A nation's real GDP was $250 billion in Year 1 and $270 billion in Year 2. Its population was 120…

A: Real GDP: - it is the inflation-adjusted value of all final goods and services produced in any…

Q: Please explain the effect of public expenditure on economic growth?

A: According to the given question In simple words we can say that a public expenditure is an…

Q: An emerging country has a real GDP of $1446.7 billion. After one year, real GDP has grown to $1534…

A:

Q: True or False. Please give a detailed explannation about why you think it's true or false.…

A: In US a household who earns income between two third of household income is considered as middle…

Q: Are remittances has a positive or negative correlation with economic growth? If YES, Why? If NO,…

A: Remittance refers to a payment of money that is transferred from one party to another party. in a…

Q: What are three generators of economic growth?  List and explain them.  What are three determinants…

A: Economic-growth indicates the increase in the economic-activity undertaken by one economy. This is…

Q: What is gross capital formation reflecting in terms of GDP of a country? What it indicates when the…

A: Gross domestic product is the total market  value of of goods that is produced domestically during…

Q: Economists who have studied economic growth find strong evidence for convergence among countries…

A: Convergence refers to the situation where all the economy converge in terms of per capita income…

Q: Please distinguish between 'balanced growth' and 'unbalanced growth'

A: Both of the theories, the theory of balanced growth and unbalanced growth are based on Big push. It…

Q: What happens to the economic growth if the unemployment rate increases

A: According to economic theory ( Okun's Law), growth rate and unemployment are inversely related i.e.…

Q: Are remittances has a positive or negative correlation with economic growth? If YES, Why? If NO,…

A: Remittance is the income which worker settled in aboard send to their families in their home…

Q: if a country does not have a large endowment of natural resources then they cannot achieve sustained…

A: It is not necessary that country should have large endowment of natural resources,then only it would…

Q: Explain the difference between long-run and short-run economic growth!

A: In an economy, economic growth is explained in two different periods such thay short-run and…

Q: A country has a Cobb-Douglas production function given by: Y = AK0.10.3 If total factor productivity…

A: Total factor productivity (TFP) is a measure of productivity

Q: A country has a Cobb-Douglas production function given by: Y = AK0.5H0.1 If total factor…

A: Since you have posted multiple questions, we will solve the first question for you. If you want any…

Q: Please be brief and no more than 3 sentences are expected. 1. Why economic growth differs among…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: List the positive correlation of remittances to the economic growth. Explain why and how remittances…

A: The domestic citizens who work in the foreign country sends  a part of their salary to the relatives…

Q: What can be inferred with respect to economic growth and price control in GDP per capita (current),…

A: What may be deduced from GDP per capita (current), GDP growth rate, and inflation rate in terms of…

Q: Suppose the 50% of the income generated by an economy is paid to workers, thus implying that the…

A: 50% of the income generated by an economy is paid to workers. It means labor share of income is 0.5…

Q: Define the term Compound Growth?

A: Answer - Compound Growth - It average growth rate for an investment . Here investment will be multi…

Q: Suppose that average incomes today were $53,468 and are expected to grow at 2.9% each year for the…

A: Given  Today's Average income P =$53,468 Expected growth rate GE = 2.9% Growth rate if the policy is…

Q: If a country has a per capita GDP of $3,200 and it grows at a 3.1% annual rate. How long will it…

A: GDP refers to the value of all final goods and services produced in an economy over a given period…

Q: In the period of 1950-1973 the GDP average growth rate reached 9.3 % in Japan and approximately 4 %…

A: Gross Domestic Products defined as the total of market values of al final goods and service. GDP…

Q: Suppose that work hours in New Zombie are 200 in year 1 and productivity is $12 per hour worked.…

A: As it is given  New zombie work hour =200 ( year) productivity per hour =$ 12

Q: How is a steady state level of capital determined mathematically? Can use graphs to aid in…

A: The steady level of capital is an important concept of Solow model. The model was developed by…

Q: What can you say about Turkey in the average GDP growth for the next 3 years (2021-2023)?

A: Because of the impact of covid-19 pandemic,Turkey is expected to see decline in GDP in the next 3…

Q: Please briefly describe at least two (2) factors or considerations/policies that you believe are the…

A: Various factors are responsible if a nation is on the path of growth and also prosperity, which…

Q: What is the role of guaranteed income as an instrument for activating domestic economic growth?

A: Meaning of Economic Growth: Economic growth refers to an increase in economic variables over a…

Q: If an economy's GDP will double in 15 years, then its growth rate must be about:    7%…

A: Rule of 70 is a very helpful way to estimate the time required for an investment to double given the…

Q: Suppose, a country X has a GDP level of 4, 50,000 and a growth rate of 10% in 2007 (calculated at…

A: Given Information: Initial GDP in 2007 = 450000 A principle amount will be double in few years…

Q: A country has a Cobb-Douglas production function given by: Y = AK0.5H0.3 If total factor…

A: Answer: (1). Given, Production function: Y=AK0.5H0.3 Total factor productivity (A) = 40 Human…

Q: . For a high-income economy like the United States, what aggregate production function elements are…

A: The dependence of real GDP on various inputs available in the economy is explained by the aggregate…

Q: Discuss whether there is a conflict between economic growth,price stability and full employment

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: While increasing outplut levels have been a benefit of economic growth, what have been some of the…

A: Considering the effects of the social challenges and the problems associated with economic growth…

Q: Consider an economy with the following parameters: a =0.5 s=0.6 , savings/investment rate d=0.04,…

A: The Solow–Swan model, sometimes known as the exogenous growth model, is a long-run economic growth…

Q: If a nation's real GDP is growing by 6 percent per year, its real GDP will double in approximately…

A: We shall use the concept called as Rule of 70. To estimate a the time it would take for the nation's…

Q: As an economic and accounting analyst, which of the two should a government pay more attention for…

A: Exports refer to the sale of goods and services by the domestic producers to the customers in the…

Q: Does the relative durations of expansions and recessions help explain the fact that long-term…

A: The relative duration of expansions and recessions helps to understand the life of the business…

Q: The measure of GDP for economic growth is not always perfect. Describe any two problems that are…

A: Solution: Gross domestic product GDP (Gross domestic Value) is the total value of goods and services…