Economic growth can result from a(n): A.increase in the amount of productive resources. B.increase in the amount of consumer goods produced. C.decrease in the number of workers available. D.increase in number of the minimum wage jobs.相关知识点: ...
Economic growth can result from a(n): A. increase in the amount of productive resources. B. increase in the amount of consumer goods produced. C. decrease in the number of workers available. D. increase in number of the minimum wage jobs....
Economic growth can result from a(n): A.increase in the amount of productive resources. B.increase in the amount of consumer goods produced. C.decrease in the number of workers available. D.increase in number of the minimum wage jobs. ...
From two reasons I mentioned above, it is clearly seen that economic growth can bring wealthy to both countries which are the good side of it but the work pressure and the time spent are not worth for some people especially in developed countries which are the dark sides of economic growth...
We took decisive measures to step up macro policy support while refraining from adopting a deluge of strong stimulus policies that would eat into our potential for future growth. We worked relentlessly to ensure stability on six fronts and security in six areas, * with a particular emphasis on ...
Our great sustaining myth is economic growth: faith that the economy can grow forever, that there are no limits to the wealth we can create from Earth’s natural resources. Growth, measured by an increasing Gross Domestic Product (GDP), is what drives government policy worldwide. The equation...
Economic growth is a broad term that describes the process of increasing a country’s realgross domestic product (GDP). The growth can be measured as an expansion of real GDP or gross national product (GNP) over a given period. With an increase in GDP or otherwise, the value of goods an...
On the one hand, many benefits are brought because ofeconomic growth. Firstly, it reduces poverty andimproves the quality of life. While economy grows, more job opportunities are being generated. The income from jobs can help the society e...
Answer: C Topic: Long-Term Growth Trends Skill: Conceptual Status: Old AACSB: Analytical Skills 4) If a nations population grows, then, A) growth in real GDP per person will be less than the growth of real GDP. B) there can be no economic growth. C) growth in real GDP per person ...
Economic growth depends more on technological change than on increases in capital per hour worked. Technology refers to the process a firm uses to turn inputs into outputs of goods and services. Technological change can come from many sources. Potential GDP is the level of GDP attained when ...