Economic growth can be further split into Actual growth and potential growth.
Actual growth is the increase in the GDP of the economy represented by the rightward shift of the Aggregate Demand.
Potential growth is the increase in the productive capacity or the maximum possible output of an economy. this is represented by the rightward shift of the Aggregate Supply.
The term 'economic stagnation' means a period of slow economic growth. Depending on the definition of the term, this means growth less than around 2% per year or significantly less than the growth predicted by experts. Causes can be poor economic policy, catastrophes and demographic developments.
Economic growth is a term to show the GDI increase. However, not everyone would consider it necessary.GDI = Gross domestic increase
Economic growth is an increase in production levels of goods and services within a country. To measure and distinguish weather or not a country is growing, we need to observe the total amount of goods and services being produced in the country at the time, the real gross domestic product (GDP), and compare it to changes from one year to the next as a percentage. Common factors associated with economic growth are increases in capital stock, advances in technology, and improvement in the quality and level of literacy are considered to be the principal causes of economic growth.
Recession
define economic problem
Economic growth can be further split into Actual growth and potential growth.Actual growth is the increase in the GDP of the economy represented by the rightward shift of the Aggregate Demand.Potential growth is the increase in the productive capacity or the maximum possible output of an economy. this is represented by the rightward shift of the Aggregate Supply.
The term 'economic stagnation' means a period of slow economic growth. Depending on the definition of the term, this means growth less than around 2% per year or significantly less than the growth predicted by experts. Causes can be poor economic policy, catastrophes and demographic developments.
Economic growth is a term to show the GDI increase. However, not everyone would consider it necessary.GDI = Gross domestic increase
Economic growth is an increase in production levels of goods and services within a country. To measure and distinguish weather or not a country is growing, we need to observe the total amount of goods and services being produced in the country at the time, the real gross domestic product (GDP), and compare it to changes from one year to the next as a percentage. Common factors associated with economic growth are increases in capital stock, advances in technology, and improvement in the quality and level of literacy are considered to be the principal causes of economic growth.
A diet containing the right amount of fuel, growth and protective foods.
containing many of the substances needed for life and growth.
Recession
define economic problem
a period of high inflation and slow economic growth
Economic Growth
give me some thing on long rum growth
Nothing. There is no such thing. Probably a war will ensue.