Why might it be necessary to reduce consumer spending in order to attain faster economic growth? Would it be worth the sacrifice?

Q: An increase in consumer confidence is probably the most important factor in achieving economic…

A: Reason for true: An increase in consumer confidence leads to higher consumption as the consumers…

Q: Technology may have a macro- and micro-level effect on economic growth.What types of technologies…

A: For economists, technology is something that allows us to create things more quickly, better, or for…

Q: What is the relationship between the supply of savings and the demand for capital investment for…

A: The economic science see the study of allocation of scarce resources within the most optimum method,…

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: 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: Does the monetary policy have an impact on long term economic growth?

A: monetary policy js the central bank's activity to influence the market condition and the behaviour…

Q: What are four public policies that can facilitate economic growth in a economy?

A: Using public policy wisely helps to increase the economic growth of a country.

Q: f a country is experiencing a relatively high rate of inflation, what impact will this have on the…

A: Inflation refers to the hike in general prices in a nation. When it becomes high, it can adversely…

Q: Are remittances has a positive or negative correlation with economic growth? If YES, Why? If NO,…

A: Remittance refers to a payment of money that is transferred from one party to another party. in a…

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: 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: 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 economic growth is one of the goals of macroeconomics?

A: Macroeconomics is the division of economics that talks about the economy as a whole. In this, the…

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

A: In macroeconomics, the rate of economic growth comes from the demand side and supply side.…

Q: If you were in a position to run an economy, what steps would you take to raise our rate of…

A: Answer: *If i were in a position to run an economy *The following steps would be undertaken to raise…

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: Explain why a fall in economic growth could lead to a rise in unemployment. Use a diagram to support…

A: Economic growth: It is the measure of the rise in the production of goods and services over a…

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: What is relationship between corruption in a country and economic growth?

A: Corruption:- Corruption can be explained as the misappropriation of influence or authority through…

Q: Name and explain three of the five policies to achieve faster economic growth.

A: When comparing one period of time to the next, economic growth refers to an increase in the…

Q: Why Are the Factors of Production Important to Economic Growth?

A: Increases in the production of products and services from one period to the next are referred to as…

Q: What are the three main sources for economic growth in any economy?

A: Economic growth is an increase in aggregate production in the economy. It is measured by computing…

Q: WHAT IS THE IMPORTANCE OF ECONOMIC GROWTH?

A: Economic growth indicates that a country's limited resources are being used more efficiently. It is…

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: Between 1916 and 2016, the average growth rate of real GDP per person in the United States was 2…

A: From this statement we can understand the trend in the economy during 1916 92 2016.

Q: An increase in the availability of credit leads to faster economic growth. Agree or disagree?…

A: Credits refers the availability  of capital or cash in the economy so , here we can discuss the…

Q: What factors contribute the most to economic growth?

A: To manufacture goods and services, you'll need resources. However, in terms of the demands and…

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

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

Q: How do interest rates affect economic growth? Which federal agency influences interest rates?

A: GDP: Gross domestic product or what is commonly known as GDP is the term used to measure the…

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: 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: it possible to have economic development without economic growth?

A: Economic growth implies an increment in real national income/national output. Economic development…

Q: What are the ways in which a government policymaker can try to raise the growth in living  standards…

A: Economic growth means the consistent rise in GdP over per of time in a year . GDP or GNP is the…

Q: Governor Mitch Daniels advocates that the government intervene less in business to promote jobs and…

A: Supply-side Economics The macroeconomic view of supply-side economics is conservative and…

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: Explain what policies can a government undertake to achieve faster economic growth?

A: In an economy, faster economic growth can be achieved to improve the overall efficiency of markets…