Why are business investments and consumption important to evaluate the economic situation of a country?

Q: Why does not more capital flow from rich countries to poor countries?

A: The movement of funds employed for productive economic purposes is referred to as capital flow. It…

Q: explain the reason why, the more developed a country is, the bigger business sector engaged in…

A: Concepts: 1)A developed country is an economy that enjoys a higher level of income and a better…

Q: Question: Which of the following indicates AD in an open economy? a) Private (household) Consumption…

A: Aggregate demand refers to the total quantity of the goods and service that the consumers demand in…

Q: How should countries operate relative to their investment opportunities?

A: Introduction Many investors allocate a percentage of their portfolios to international investments.…

Q: relationship between economic development and trip generation

A: Answer - Trip Generation - It is a four step transportation forecasting . Which is widely used for…

Q: how do you solve national  saving

A: National Savings = Private Savings + Public Savings Private savings is that of the individual while…

Q: compare adam smiths view of a nations wealth with that of modern economists who rely on gross…

A: A capitalist economy is a free market economy where the market forces of demand and supply determine…

Q: What are the Economic Effects on the Country that were involved in this Case

A: Microeconomics is a subpart of economics that is used to understand how production, consumption and…

Q: Why health and education is important for the development of a country

A: Health and Education play the utmost important role in the development of a country. Health is…

Q: What are the factors that can influence a country’s standard of living?

A: Standard of living indicates the degree of wealth or availability of material goods and services to…

Q: What are 3 economic indicators that are important to evaluate the economic situation of a country

A: Unemployment is the situation in which an individual is seeking a job and unable to find one.

Q: What national and international trade-offs raise a country's standard of living?

A: Tradeoff is a situation in which one things has to be left out in order to gain another thing.

Q: Aside from the GDP, what other measures may we use to better understand the level of development of…

A: Economic Development refers to the improvement in the living standard and quality of life eg. Life…

Q: Why do some national economies grow faster than other national economies?

A: A realm in which items and services are produced, distributed, traded, and consumed by diverse…

Q: What is a economic sector

A: Macroeconomics studies the economy in a broader aspect. Macroeconomic theories deal with the…

Q: Write an essay responding to the ideas about, what does it mean to be a global citizen? Include in…

A: A global citizen is somebody who relates to being important for an arising world local area and…

Q: how can you define the domestic economy? And what are the different aspects of the domestic economy?

A: Domestic economy is that system of economy in which activities, situations and events take place in…

Q: List the different ways used to measure the wealth of nations?

A: We can measure the wealth and growth of a nation by the ‘gross domestic product’ or GDP and ‘gross…

Q: How expenditure affects the economic growth and development?

A: In economics, expenditure refers to the income spent on purchase of various goods and services. It…

Q: GDP increased from $

A: GDP is an important macroeconomic measure of growth that is used to determine the total aggregate…

Q: ry/CHE/Year/LTST/ Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio…

A: Country Import EXPORT TRADE(IMPORT+EXPORT) GDP Switzerland 380.1 466.3 846.4 705.1 Japan 906.3…

Q: What are the main components of the quality of life in the economic

A: According to the given question The quality of the life in economy is considered as the high degree…

Q: Is there a better way to classify a country other than the use of GDP and per capita? Explain

A: Yes, there is a better way to classify a country other than the use of GDP and per capita as these…

Q: Explain briefly the three basic questions that every country must ask themselves about their…

A: Quantity of enterprise depends on certain factors which results into its success. It would increase…

Q: Explain the characteristics of the under developed economies?

A: According to the given question An underdeveloped economy is that type of economy which has…

Q: From where national income does come?

A: National income: The National Income is the total amount of income generating in a country from all…

Q: Discuss the following quote from the article by Jason Hickel: ‘Instead of pushing poor countries to…

A: The development industry claims that through spreading western, neoliberal capitalism across the…

Q: Which of the following refers to those who are interested in assessing the relative standard of…

A: National income is a parameter to gauge the performance of a nation during a given period of time.…

Q: What cause GDP per capita to be low compare to its GDP

A: The GDP is the sum of the final value of the domestic value of goods and services which are produced…

Q: Calculate the trade-to-GDP ratio for a country that has a 5 percent growth rate, $600 million in…

A: Trade to GDP ratio measures the relative importance of trade to a national economy.

Q: When might a country’s level of economic development mislead an international investor?

A: An investor is the one putting money into a business for getting a financial return.

Q: What is the world development report of the world bank (1994) and what does it say about the Indian…

A:

Q: what is the importance of global economy

A: The global economy is cross-border economic activities that take place in all over the world. It…

Q: Do foreign direct investments have direct impact on gross domestic product?

A: Foreign direct investments refer to the investments made by the foreign country into some or the…

Q: Is there hope for a country to grow in economy

A: Growth Rate: The magnitude of the growth rate can be determined by dividing the absolute change by…

Q: How much should you earn to make a living in different countries?

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

Q: Briefly describe the term" developed countries"

A: The world economies can be classified into underdeveloped, developing, and developing based on the…

Q: What are the ultimate reasons for analysing the economic performance of a country or market?

A: Economic analysis is on the assessment of costs and benefits.It starts by assessing projects for…

Q: what are the Economic factors of Ethiopia include:  major industries, exports, and imports, GDP…

A: Economic factors  Economic factors are those which may help to calculate the economic growth and the…

Q: What governmental and non-profit organization policies and initiatives do you think would be the…

A: A wider term than economic growth is economic development.

Q: If 150 million workers produced Americas GDPin 2015, using the bar graph, how much output did the…

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

Economic Growth

It means the rise in the manufacturing levels of a country’s products/services over a while. It is calculated in terms of the real income of the people of the country. When the production of products/services begins, the manufacturers will hire employees, which in turn raises the income of the people and it will also raise the buying power, this eventually leads to the circulation of money that directly helps in the increase in the Gross Domestic Product (GDP). Thus, GDP is calculated by economists to calculate the growth in the country.