What creates or stimulates the rate of economic growth in the economy, in macroeconomics

Q: real GDP

A: GDP or gross domestic product is the value of the goods & services that are produced within the…

Q: Why do poor countries often exhibit much stronger growth rates than rich countries ?

A: Poor countries are those which have low GDP, which have recently become independent. There are…

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

A: In response to social challenges, public policy is an institutionalised plan to solve relevant and…

Q: What would be the effect of each of the following events on actual and potential economic growth?…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: Analyse the link between finance and economic growth.

A: Economic Growth Economic growth basically refers to an increase in the value of a country's goods…

Q: Studies about the effects of population growth on the economy are part of macroeconomics. True or…

A: Study of economics is broadly divided into 2 streams. One is microeconomics and another one is…

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: In the second half of the twentieth century, Japan experienced exceptional growth. According to…

A:

Q: Why does economic growth matter in an economy

A: An increase in the market value of goods and services over a specific period of time is referred to…

Q: In 2001, the GDP of China was $6000. Suppose that China has a growth rate of 6.2%. a. What is…

A: The GDP in 2001 was $6,000. Growth rate = 6.2% The future value of GDP can be calculated as: Future…

Q: Which of the following causes economic growth? (A A decrease in the money supply A decrease in the…

A: * SOLUTION :-  (7)   From given information  The OPTION E is correct answer.

Q: What is Harrod's growth model

A: Harrod given his growth model in his book "towards a dynamic equilibrium". The main idea behind his…

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: 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: When using AD/AS analysis to illustrate changes within an economy, which of the following would NOT…

A: The macroeconomic equilibrium in an economy is determined by the aggregate demand and aggregate…

Q: Why is real GDP a better measure of economic growth than nominal GDP?

A: Nominal GDP refers to the total value of finished goods and services that produced within the…

Q: What were the effects of  Divergence on economic growth in Europe and China?

A: Researchers have proposed a wide combination of speculations to explain why the Great Divergence…

Q: sources of productivity growth in an economy

A: Productivity growth is very important for any economy. Productivity can be defined as the value of…

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: In order to achieve economic growth we need to either gain more resources or new

A: Economic growth is characterized as an expansion in a country's production of labor and products. An…

Q: How can you say that there is an economic growth in a particular country? Cite some instances to…

A: Economic growth is an important indicator of the development of a country. Most of the developed…

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: Why is Real GDP a better indicator of productive growth than Nominal GDP ?

A: Gross Domestic Product (GDP) measures the value of final goods and services produced with in the…

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: 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: 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: What are three public policies that can facilitate growth in economy

A: Economic growth refers to the quantitative changes i the economy in terms of money supply, spending…

Q: For a high-income economy like Australia, what aggregate production function elements are most…

A: Aggregate production functions explains how the economy's output depend on the inputs like - land,…

Q: Explain the important factors that stimulate the growth of economy

A: According to the given question Growth in economics means transformation or a movement of a economy…