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Advantage of population growth the economy?
the advantages of population growth on the economy can be that there is a lot of man power available so if used properly then the economy can develop at a faster rate than it is developing
Economic growth in South Africa?
economic growth is the annual rate of increase in total production or income in the economy
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 indicators does not measure economic growth?
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.
Why even small changes in the rate of economic growth are significant?
because it effects whole economy of a country
Advantage of population growth the economy?
the advantages of population growth on the economy can be that there is a lot of man power available so if used properly then the economy can develop at a faster rate than it is developing
Economic growth in South Africa?
economic growth is the annual rate of increase in total production or income in the economy
Does high rates of economic growth always stabilize the economy?
No, in essence a high growth rate is good but as a result high growth rates will lead to a cession. It is part of the business cycle. To stabilize an economy growth rates should slow and steady
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 indicators does not measure economic growth?
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.
Why even small changes in the rate of economic growth are significant?
because it effects whole economy of a country
What is the current economy's current stage in the business cycle?
The United States business cycle is in a slow Epansion stage as of July 2012. Based on a real GDP growth rate of 1.9% in the first quarter of 2012, current CPI inflation rate of 1.7%, and an unemployment rate of 8.2%, the economy is in a slow growth state.
Electricity problem and its effects on the economy of Pakistan?
energy crisis crushed the economy of Pakistan. GDP growth rate become to the 3-4% less then the previous year. current growth rate is 4%. Industry is near to complete shut down due to short of energy.
How export helps a country to achieve high rate of economic growth?
Due to increase in National Income via exports the economy starts to growth.
What would contribute to a sustained high rate of economic growth in the long run in an economy?
growth in capital per hour accompanied by technological change
What are the economic implication of withdrawal of fuel subsidy on the nigeria economy?
The economic implication of withdrawal of fuel subsidy on the Nigerian economy is that the economy growth rate will decline. This will be occasioned by the rise in the cost of production.
What is the impact of repo rate cut on the Indian economy?
There will be more liquidity in the system. So it will fuel growth as well as Inflation.
