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Explain about Economys growth rate
Economy's growth rate: Long-term economic growth, or tendency growth, is the rate of growth the economy can sustain, ignoring the short-term ups and downs of the economic cycle. It can be demonstrate by the outward movement of the economy's production possibility frontier. The percentage annual enhance in real GDP measures economic growth.
This 24 year 1 quarter period should offer sufficient insight into the short term and long term correlation between the variables. Figure - A graph showing the trend of
exam notes of national income accounting
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INTERDEPENDENCE OF MACROECONOMICS AND MICROECONOMICS In microeconomics, the underlying assumption is that the total output, total employment and total spending are given. It th
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what cause keynesian unemployment?
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