Q4; what are the key factors for long-term economic growth according to Economic historians?

Q: What is the “urban push” and in what ways might it affect the relationship between urbanization and…

A: Urban push is a demographic term used to show the mechanism that cities are growing internally and…

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: Describe the modern economic growth. List the FIVE (5) public policies that related to economic…

A: Modern economic growth - Economic growth is an increase in the amount of goods and services that an…

Q: Compare the effect of having more capital and technological change on the long run economic growth.

A: Economic growth is described as a process in which the output of commodities and services increases…

Q: Why economic growth can be harmful (bad) to society? Illustrate your answers with example

A: When economic activity in an economy rises, raising aggregate output, it is referred to as economic…

Q: Economists who believe that the recent increase in the average productivity growth rate may be…

A: The super-normal growth in the USA during 1995-2009 was experienced due to factos like high…

Q: What is one real world examples of how the following can facilitate economic growth in a country:…

A: Answer - Real world example of the following can facilitate economic growth in a country: 1.The…

Q: The great 18th- century economist Adam Smith wrote, “Little else is requisite to carry a state to…

A: Adam Smith advocates the theory of laissez-faire in his classical theory. It means that government…

Q: Explain why economic growth leads to lower death rates and better health?

A: Economic growth is positively related to HDI index which is a measure of health, education and…

Q: Why do diminishing returns not limit growth in new growth theory? Diminishing returns do not limit…

A: New Growth Theory states that knowledge about how to produce goods and services is an important…

Q: Figure 1.1 is a hypothetical economy producing SUV's and Cars. Which of the following do not…

A: Production possibility frontier (PPF) illustrates the combination of two goods that a nation can…

Q: Why might the Coronavirus pandemic cause slowed economic growth?

A: Economic growth is influenced by economic variables that have direct or indirect relationship with…

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: A lower income economy starts off with a per capita GDP of $5,000. How large will the per capita GDP…

A: Given data: per capita GDP of $5,000 Annual growth rates are: 2% for 10 years 2% for 30 years 4% for…

Q: How does economic growth influence the living standards of people? Does it really make much…

A: According to the economist Robert Lucas, to achieve growth of real income, the growth of real output…

Q: Q-2: In the world, every economy faces the same fundamental economic challenges/issues though the…

A: Hi! thank you for the question but as per the guidelines, we answer only one question at a time.…

Q: Show graphically and explain how an increase in government expenditures on education affects real…

A: During financial slowdown or low economic growth, the government plays a key role by increasing its…

Q: “Which one of the following is not a cause of economic growth?” a reduction in the retirement age…

A: Economic growth is a surge in an economy's production of goods and services. Economic growth is…

Q: Why is economic growth important? Why could the difference between a 2.5 percent and a 3 percent…

A: Economic growth implies increase in productive activities within a given period of time. It can be…

Q: Which of the following options listed below do economists count as determinants of economic growth?…

A: Economic Growth is defined as an increase in the production of goods and services in an economy. It…

Q: Prepare an introduction and conclusion for the following question; Identify THREE public policies…

A: Economic growth is the growth of the production of goods and services in the economy. Increases in…

Q: Which of the following is a potential "cost" associated with economic growth? a. Greater power…

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

Q: Which of the following policies is LEAST likely to cause economic growth? (A) The extraction and…

A: When there is increase in economic activities of the country, then it is said that economic growth…

Q: Which of the following factors contribute to economic growth? Question options: a) an increase in…

A: Economic growth in a country occurs when more output can be produced within a specific time period.…

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: The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was launched by Deputy…

A: Keynesian macroeconomic model where aggregate demand is the key variable for economic growth

Q: Suppose that society decided to reduce consumption and increase investment. How would this change…

A: Investment and Consumption: Every economy has a budget constraint.This budget can be utilized for…

Q: Which of the following countries would be more likely to experience strong economic growth, other…

A: The answer is - Option 3. Country ABC has an extensive set of business laws and property lights laws…

Q: What is the difference between extensive and intensive growth? Why was the Soviet Union successful…

A: Extensive growth and Intensive growth are based on productive quantity and productive capacity.

Q: Which macroeconomic objective is not being explicitly pursued in the above binding constraints? a)…

A: Which macroeconomic objective is not being explicitly pursued in the above binding constraints? Your…

Q: Write an short essay,explain at least 3 possible challenge and concern related to economic growth…

A: Even after internal pressures and a constantly changing economic environment, the United States'…

Q: Which of the following are true of capital as a determinant of economic growth? Check all that…

A: Real GDP means the GDP at base year price  . it is the indicator of social welfare., where GDP means…

Q: Explains the problems that declining populations can cause for long-run economic growth

A: Economic growth is an expansion in the production of goods and services in an economy. Economic…

Q: Diagrammatically explain how savings affect economic growth?

A: Saving is very important for the growth of the economy. The saving that is accumulated can be…

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…