Which of the following are sources of growth?

Q: What policies can the government of a free-market economy implement to stimulate economic growth?

A: Economic growth is the improvement in the economic performance of the economy. The free market…

Q: Many of the brightest people from India emigrated from India. How would this effect growth in India?…

A: Economic migration refers to people moving from one country to another in order to take advantage of…

Q: What is the GDP growth rate?

A: The term Growth means quantitative change in any variable.

Q: Discuss the assertion that "there can be growth without development."

A: Economic growth estimates an expansion in Real GDP (genuine yield). Gross domestic product is a…

Q: What is the relationship between innovation and economic development? Explain in detail in micro and…

A: The relationship between Innovation and Economic development can be explained as follows :  Due to…

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 true meaning of Economic Development? How can it influence productivity in a country?…

A: True meaning of Economic Development Economic and social growth is the mechanism by which a…

Q: why is the reason that some country are not yet developed

A: A country is said to be developed if it has advanced technology and advanced infrastructure. 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: Which of the following is not a source of economic growth? A. appropriate incentive system B.…

A: Financial development or economic growth- estimated as an increment of individuals' genuine pay -…

Q: if real GDP increases from $100 bilion to $105 billion, and the population increases from 100…

A: HERE WE CALCULATE THE GROWTH RATE OF REAL GDP BY USING THE GIVEN INFORMATION  WHICH ARE AS FOLLOW-

Q: As explained by the economists, economic development and economic growth are the same. TRUE OR…

A: When comparing one period to the next, economic growth is defined as a rise in the production of…

Q: A key factor that leads to economic growth is?

A: The key factors that leads to an economic growth are human resources, physical capital, natural…

Q: What is an economic development

A: Economics refers to the field of social science that deals with the activities that are needed to…

Q: What is the economic growth rate? How is it calculated?

A: Since you have asked for multiple questions, we have answered the first one for you. If you want the…

Q: Discuss how money contributes to economic growth and\or development? Explain in detail.

A: Answer to the question is as follows:

Q: Is population’s growth a good thing or bad thing and why?

A: Population Growth refers to increase in the count of people living on the Earth.

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: What impact does economic growth have on the cost of living?

A: Economic growth generally refers to an increase in the production of goods and services from one…

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: What are the phases of economic development? Why is it important to understand the specific steps…

A: Economic development is a series of incremental improvements. The business climate of a country…

Q: What are three policies governments can use to promote economic growth? And how effective would they…

A: Economic growth refers to the increase in the output generated by the means of increase in the…

Q: What are the 10 economic growth indicators ?

A: Economic growth refers to the situation where there is an increase in the amount of goods and…

Q: What did Thomas Malthus believe about population growth?

A: ‘Population growth’ refers to the increase(↑) in the individual number in a population.  The…

Q: Are the two terms economic growth and economic development similar? Explain.

A: No, the two-term economic growth and economic development are not similar. 1-Definition Economic…

Q: Economic growth dynamics?

A: Economic growth dynamics is concerned with the economy's oscillations. The majority of economic…

Q: What is economic development? Explain its nature and importance.

A: Economic growth can be defined as an increase in output through increase in factors of production…

Q: What is the difference between economic growth and economic development? Give one example in each..

A: Growth and development are two different terms. Growth is a relatively smaller concept than…

Q: growth in real GDP is not always seen as economic growth. why?

A: GDP or Gross Domestic Product refers to final market values of all goods and services produced in a…

Q: Compare the concept of economic growth and economic development and show the link between them

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Economic growth comes from?

A: Economic growth occurs when the production of goods and services in the economy rises. It can be…

Q: Which country looks like it's experiencing exponential growth?

A: explanation: А  соuntry  exрerienсing  exроnentiаl  grоwth  is  ;    А  соuntry  with  а  higher…

Q: What is the Demand growth rate?

A: Economic growth can be defined as growth in the output of total goods and services produced in an…

Q: what is economic development and economic growth?

A: Economic development and economic growth are used interchangeably, but both terms are different in…

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: At Which stage of production is the best to economic growth?

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: Explain the consequences of both too low and too high a growth rate

A: Economic growth refers to the increasing production activities in a country over a specific period…

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 do gains in labor productivity lead to gains in GDP per capita?

A: GDP per capita: - it is per person output of an economy which can be calculated by dividing a…

Q: What did Malthus and Ricardo say about population growth?

A: The gross domestic product(GDP) refers to the market value of all the final commodities(goods and…

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…

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.