0
pp
What else can I help you with?
Which basic economic problem does the US share with all other nations?
Scarcity of resources
What is The most basic measure of economic growth?
GDP (Gross Domestic Product)
What basic economic problem do both higher-income and lower-income nations have in common?
scarcity of resources
What is Economic growth that assures basic resources for future generations is associated with human development?
Economic growth that assures basic resources for the future is associated with sustainable human development. This type of development meets current needs without compromising the future.
What was the basic belief of supply side economics?
Tax reductions will spur economic growth in the long run.
How can economic growth eliminate scarcity and choice?
Economic growth cannot eliminate scarcity and choice. There are no resources that are infinite. Egoism and its 'rational' variant 'capitalism' have a very simple basic principle (per definition; a priori). This basic makes it easy to defend 'economic growth'. The argument is: I just take my share, but don't be afraid, a couple of billions might seem madness in common sense, but after some 'rational growth' and the 'rational' 'inflation' there are 'rational' billions for others too
What basic economic questions must the nation answer?
Scarcity of resources cause all nations to answer 3 economic questions because people have unlimited wants but limited resources to produce them.
What is the basic measure of a nation's economic growth rate?
percentage change of real GDP over a given period of time
What are the three basic measures of the econonmy as a whole?
The three basic measures of the macroeconomy are output, unemployment and inflation.
What are the three basic questions that every economic system must answer?
In every type of economy? How about -- growth rate, employment rate, and trade balance.
What are the 4 basic economics problems?
following are the 4 basic economics problems- 1 what to produce and how much to produce? 2 how to produce? 3 for whom to produce? 4 how to accelerate economic growth?
Basic economic problem will not be solved by?
which one of the following is not one of the basic economic question
