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What are economic growth and the growth rate?
Economic grow:
It rise in a country is real level of national output like measured through Gross Domestic Product (GDP). When GDP raises over time here is economic growth.
The rate of economic grows: It the percentage raise into real GDP over twelve months.
the circular flow of income in an governed economy
In 1 to 2 sentences respond to the following comment. "Pollution restrictions will reduce gross domestic product and therefore hurt the economy."
If the reserve bank wants to pursue a contractionary policy, what should it do?
Have the micro-finance institutions failed in their objectives?
a. State concisely, in your own words, the essence i.of what GDP measures and ii.what GDP doesnot measure. b. Stocks and bonds issued by firms comprise the "Investment" co
Assume the residents of an economy spend all of their income on cauliflower, broccoli and carrots. In 2003 they buy100 heads of cauliflowers for Rs. 200; 50 bunch of broccoli f
what are the limitation of economies scales
is/lm curve
Desired Aggregate Spending Desired aggregate spending refers to the volume of purchases of the currently produced goods and services that all spending units in the economy wish
How much more did the average household spend on appliances, electronics, and furniture when it received the 2008 tax rebate? (b) If all 110 million households did so, how much did
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