During global recession, cite some good measures that our government can undertake to augment its present revenue to be able to finance its programs and project for
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- During global recession, cite some good measures that our government can undertake to augment its present revenue to be able to finance its programs and project for development.
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- A recession in the United States is likely to raise the growth of real GDP in Europe. Do you agree or disagree? Why?In reference to the Philippines what can we predict for the next year of its economy?An emerging country has a real GDP of $1446.7 billion. After one year, real GDP has grown to $1534 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate:
- For most high-income countries of the world, GDP _________________ over time. has proven to be stable has risen gradually has declined slightly has sharply risenWhy do you suppose that U.S. GDP is so much higher today than 50 or 100 years ago?Stagflation and recession are increasingly being used to describe where the economy might be headed. The World Bank warned on 14th June 2022, that global economies were at risk of stagflation if not recession. "The world economy is again in danger," David Malpass, president of the World Bank, said in the latest edition of the Global Economic Prospects report. "It is facing high inflation and slow growth at the same time. Even if a global recession is averted, the pain of stagflation could persist for several years - unless major supply increases are set in motion. Explain the main differences between stagflation and recession, if we had to face one, which one would be less painful?
- An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate:In an economy the National savings isWhat do you call the Circular flow of goods and income of households and firms with the government and foreign countries.