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increases in the productivity of labor.

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According to the quantity theory of money persistent inflation can only be caused by?

money supply growth that exceeds real GDP growth


Would you use Real GDP or Nominal GDP to accurately calculate growth in 2011?

To accurately calculate growth in 2011, you would use Real GDP rather than Nominal GDP. Real GDP adjusts for inflation, providing a more accurate reflection of an economy's true growth by measuring the value of goods and services at constant prices. This allows for a clearer comparison of economic performance over time, free from the distortions caused by price level changes.


What are the factors affecting economic growth in the UK?

Economic growth is measured by an increase in the real Gross National Product of a country or its GDP. There are two types of economic growth, long run and short run economic growth. Short run economic growth is caused by an increase in the aggregate demand of an economy, otherwise referred to as AD. AD is made up of four factors, consumption, investment, government spending and the net worth of imports and exports. An increase in any of these factors can lead to an increase in real GDP. Long run economic growth is caused by an increase in the quality or quantity of the factors of production of the economy. These FOP's are land, labour, capital and enterprise. An increase in any of these factors will cause an increase in the potential output of an economy meaning it has the potential to produce more.


How can one calculate the growth rate of real GDP?

To calculate the growth rate of real GDP, subtract the previous year's real GDP from the current year's real GDP, then divide by the previous year's real GDP and multiply by 100 to get the percentage growth rate.


Growth of real GDP in the US has averaged slightly more than 5 percent annually since 1950?

true

Related Questions

According to the quantity theory of money persistent inflation can only be caused by?

money supply growth that exceeds real GDP growth


What are the Top ten countries economic growth rate?

== == ---- More info at: = List of countries by GDP (real) growth rate = http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(real)_growth_rate


Would you use Real GDP or Nominal GDP to accurately calculate growth in 2011?

To accurately calculate growth in 2011, you would use Real GDP rather than Nominal GDP. Real GDP adjusts for inflation, providing a more accurate reflection of an economy's true growth by measuring the value of goods and services at constant prices. This allows for a clearer comparison of economic performance over time, free from the distortions caused by price level changes.


Are jerboas real?

yes they are real there half rat half kangaroo


What is sentence for misguided?

She was misguided to believing that aliens are real


Why go to school if you don't use more than half of what you learn in real life?

To not degrade.


What are the factors affecting economic growth in the UK?

Economic growth is measured by an increase in the real Gross National Product of a country or its GDP. There are two types of economic growth, long run and short run economic growth. Short run economic growth is caused by an increase in the aggregate demand of an economy, otherwise referred to as AD. AD is made up of four factors, consumption, investment, government spending and the net worth of imports and exports. An increase in any of these factors can lead to an increase in real GDP. Long run economic growth is caused by an increase in the quality or quantity of the factors of production of the economy. These FOP's are land, labour, capital and enterprise. An increase in any of these factors will cause an increase in the potential output of an economy meaning it has the potential to produce more.


Is a half donkey and half zebra real?

NO


How can one calculate the growth rate of real GDP?

To calculate the growth rate of real GDP, subtract the previous year's real GDP from the current year's real GDP, then divide by the previous year's real GDP and multiply by 100 to get the percentage growth rate.


Are Half-Demons real?

Yes half demons real they live off blood and they act like real people so yes the are real


Are werewolves human?

A bit.Werewolves are not real. But if they were real then, yes they would be half human, half wolf.


Is it real that a woman is half snake and half woman?

no she not