what causes two country to have similar investment but different growth rate

Q: Name Three public policies and how do they contribute to economic growth?

A: Increased output of products and services is referred to as economic growth. Economic growth can be…

Q: A nation can achieve higher economic growth if: Question options: a) the productivity of labor…

A: Economic growth refers to an increase in the real value of the aggregate output produced by an…

Q: What are the benefits of economic growth on the economy?

A: Economic growth means an increase in the real gross domestic product of the economy. This means…

Q: Importance of Economic growth

A: Macroeconomics is a part of economics that deals with production, decision and allocation concerning…

Q: Why is the long run U.S. economic growth rate slowing?

A: The US market has been growing at a rate that hasn't been witnessed in decades.

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

A:

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: How a country's policies influence its productivity growth?

A: Productivity is defined as the average amount of output that can be produced using inputs, i.e it…

Q: How much should a nation be concerned if its rate of economic growth is just 2% slower than other…

A: The small difference in the rate of growth makes larger economic effect over a long period of time…

Q: How does this concept apply to the growth trajectory of a country? Kindly explain and give examples.

A: Leontief paradox stated that US being the capital rich country was exporting labor intensive product…

Q: In the long run, what will be the source of a country’s economic growth? a. Labor costs b. Labor…

A: Human capital is what makes long-run economic growth possible.

Q: Why might it be necessary to reduce consumer spending in order to attain faster economic growth?…

A: Economic growth refers to the increase in an economy's real output derived from an increase in its…

Q: Economic growth

A: Economic generally agreed that economic development and growth are influenced by four factors:-…

Q: What is the growth rate of output per person in this economy?

A: To find the growth rate of output per person, we need to first find the growth rate of output and…

Q: IS GDP important for economic growth

A: GDP (Gross Domestic Product) is the value of all final goods and services produced in the country…

Q: Identify the factors which are the drivers behind a countries rate of growth. Describe the relevance…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: what are the benefits of economic growth to a country

A: Economic growth refers to the production of economic goods and services in the economy compared with…

Q: What type of economic growth is this country experiencing? Thanks!

A: Answer - Need to find - Type of economic growth country is experiencing  Given in the question -

Q: Which of the following is NOT an institution as defined by the study of economic growth a) the…

A: The United nations is not an Institutions as defined by the study of economic growth.

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: Explain the benefits or cost of economic growth and How to achieve growth?.

A: There are various issues that government has to deal with. Issues such as poverty, unemployment,…

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: What are the economic growth indicators ?

A: Growth is usually referred to as increase in the rate of increment of Gross Domestic product(GDP).…

Q: An increase in the standard of living of citizens of a country can be best measured by the growth…

A: Per capita nominal GDP:-                            Nominal GDP per capita=Nominal GDPPopulation…

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: What are examples of economic growth?

A: Economic growth is defined as an increase in a nation's production of goods and services.   The…

Q: Explain about the positive relation between growth rate and standard of living of a country.

A: Economic growth is the rise in an economy's production of goods and services. The rise in capital…

Q: How to calculate Average annual growth rate of real GDP per worker, Real GDP per person, Real GDP…

A: The real GDP per capita is calculated by dividing the actual GDP by way of the overall…

Q: How are businesses affected by economic growth and what can governments do to create a stable rate…

A: Economic stability: Economic stability empowers other large-scale financial goals to be…

Q: if two countries have the same Savings rates why is there  Growth rates different?

A: Economic growth is one of the major goals for all the economies across the world. The development of…

Q: Calculate GDP growth rate

A: GDP: The Economic growth of a country is measured in GDP terms where GDP is the measurement of the…

Q: what causes two countries to have similar savings rates but different growth rate

A: Savings rate is the necessary condition but not sufficient condition for growth.

Q: How come higher saving leads to more rapid growth?

A: The higher savings means the resources and incomes of the nationals has been used in consumption at…

Q: How does government promote the population growth?

A: Concerned with the effects of demographic loss and population ageing, particularly with respect to…

Q: Understand ways we measure growth.

A: The term 'economic growth’ refers to the increase in the national income or total volume of…

Q: What is the main indicator of economic growth?

A: Economic growth is a rise in income(I), per capita income(PCI) and production(P) of the country.…

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

A:

Q: What you mean by economic growth

A: Gross domestic product (GDP) is the monetary value of goods and services (G&S) that a country…

Q: Why do you think it is difficult for high-income countries to achieve high growth rates?

A: In a macroeconomic sense, for a country to grow and become high income, there needs to be an…

Q: What is the reason that productivity growth affects the economy?

A: There are four main factors of production which provide factor income.  Land- Rent Labor - Wages…

Q: you give a choice to live in a country with high level of GDP and low growth rate or to live in a…

A: GDP- is the value of everything that is produced within the boundaries of a country in a particular…