so you have a debt
Unemployment rate
economic growth is the annual rate of increase in total production or income in the economy
J. HASHIM has written: 'EVALUATION OF ECONOMIC GROWTH IN IRAQ'
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
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Economic growth can be achieved by profitable businesses, consumers making purchases and an even production rate and consumer rate also plays a role.
Economic growth can be measured in nominal terms, which include inflation. The growth of an economy is thought of not only as an increase in productive.
Low and stable inflation rate. Low unemployment rate.
Very large poverty rate and their low literacy rate
When the economic growth rate exceeds the long run growth potential.
China
Iraq Economic Development Group was created in 2008.