Define economic growth. economic growth synonyms, economic growth pronunciation, economic growth translation, English dictionary definition of economic growth. A rise in the National Income which implies a rise in living standards. Dictionary of Unfamili
There is essentially a tradeoff between more production now or economic growth in the future. For a country to achieve increased future consumption, they must decrease the production of goods and services. The forgone current consumption is the opportunity cost of economic growth. 1. Technological C...
n.economic growth qiáng jìng de jīng jì zēng zhǎng 强劲的经济增长 strong economic growth jiā kuài jīng jì zēng zhǎng sù dù 加快经济增长速度 accelerate the speed of economic growth Hot words today 是this; yes 竟然unexpectedly 积极性enthusiasm 来arrive; future 贵expensive; of high ...
The meaning of ECONOMIC is of, relating to, or based on the production, distribution, and consumption of goods and services. How to use economic in a sentence.
The meaning of GROWTH is a stage in the process of growing : size. How to use growth in a sentence.
repayment of fiscal revenue, fiscal expenditure and public debt in order to achieve the established economic goals. Monetary policy: the central bank's policy of changing the supply of money to influence national income and interest rates.
1. financial, business, trade, industrial, commercial, mercantile The pace of economic growth is picking up. 2. monetary, financial, material, fiscal, budgetary, bread-and-butter (informal), pecuniary Their country faces an economic crisis. 3. profitable, successful, commercial, rewarding, producti...
Definition: (of community economic development). “Actions taken by an organization to improve the economic situation of local residents (income and assets) and local businesses (profitability and growth); and enhance the community’s quality of life as a whole (appearance, safety, gathering places...
An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period.
The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation. Real GDP can also be measured as a dollar or a percentage by calculating changes in real GDP from one ...