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How the higher national income will contribute he growth of the economy?
Wiki User
∙ 9y ago
A higher national income reflects an increase in demand from the country itself and exports to outside countries. This contributes to the growth of the economy by increasing employment and wages to meet these demands.
Wiki User
∙ 9y ago
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How education affects economic growth?
The higher the education the higher the economy due to great rates
Is the impact of higher national saving on economic growth related to microeconomics?
no
What percentage does the LGBT community contribute to the us economy?
The LGBT community contributes a lot to the US economy. The percentage it contributes is directly related to the percentage of the population that fall under LGBT. The higher the percentage of LGBT folk in the US, the higher their contribution to the economy and to society. As a matter of fact, in a national survey, there are more unemployed heterosexuals than unemployed homosexuals of the same age group.
What should be your Future Plans for Our Company if Permanently Employed?
My future plans will be to fully contribute with my skills and experience to the company and to take higher and higher responsibilities and grow with the growth of the company
Why is the population growth rate important in country development?
Population growth will result in a higher working population. With more people working, the economy of the country will then be able to grow. Other than economy, the larger population will can also contribute to construction and other forms of land development. More talents can also be found in a larger population.--------- More people then death rate (overpopulated) will also lead to less renewable resources. So we try to limit the people immigrating in a country. `tim lepuck
In a fixed medium what can contribute to a higher pitched sound?
Higher wave speed and shorter wavelength can each contribute to a sound of higher pitch.
When is a country known as poor or rich?
Simply, when the average individual annual income is higher than the individual expenditure then it is a rich country. Otherwise it is a poor country.In addition if the national economic growth is higher than the population growth, then it a country tending to be rich one.
What are disinvestment polices?
Disinvestment policy attracts foreign institutions or organisation, in this policy government give its stake to other organisation or companies at higher advantages which leads in growth of economy.
How will higher population growth rates affect poverty?
Higher population growth rates can have both positive and negative impacts on poverty, depending on the circumstances and policies in place. Some of the ways higher population growth rates can affect poverty include: Increased economic growth: A growing population can lead to increased economic growth as there are more people to contribute to the economy, but it also increases the demand for resources, goods and services. Job creation: A growing population can increase the demand for labor, creating more job opportunities and potentially reducing poverty. Strain on resources: Rapid population growth can put pressure on resources such as food, housing, and health care, leading to increased poverty, especially in countries with limited resources and infrastructure. Education and health outcomes: If the population grows faster than the rate of investment in education and health systems, it can lead to a decline in the quality of these services, which can contribute to poverty. Income inequality: If economic growth and job creation do not benefit all segments of the population equally, it can lead to increased income inequality and persistent poverty. Therefore, the relationship between population growth and poverty is complex, and policies and programs that promote sustainable and inclusive economic growth, education, and health care can help mitigate the negative effects of population growth on poverty.
What might happen to aggregate supply curve if there was a significant increase in the cost of foreign oil?
The aggregate supply curve shifts to the left as the price of key inputs rises, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
How does nutrition affect growth in development?
Higher levels cause for greater growth.
Difference between higher diploma and higher national diploma?
A higher diploma is typically a postgraduate qualification that follows a bachelor's degree and is a step higher in academic level, whereas a Higher National Diploma (HND) is a vocational qualification offered in the UK and focuses on practical skills and knowledge for a specific job or industry. HNDs are often considered equivalent to the first two years of a bachelor's degree.
