What is the growth percentage between 2019-2020 and 2020-2021? What do you think the contributing factor was for the growth during 2020-2021?

Q: Population growth prior to the 1900s was limited by what? What is the world’s population today and…

A: 1)Prior to 1900,there was not much advancement in medical technology,therefore deaths would be more…

Q: What is the relationship between the growth rate of real GDP and the growth rate of real GDP per…

A: Real gross domestic product or real GDP is the value of all goods and services produced by an…

Q: What is the relationship between the supply of savings and the demand for capital investment for…

A: The economic science see the study of allocation of scarce resources within the most optimum method,…

Q: What has surprised you most about the measurement of economic development?

A: Economists and statisticians employ a variety of ways to track economic progress. The most…

Q: What is productivity and why is it an important determinant of economic growth?

A: In economics, the economic growth of an economy depends upon various determinants and productivity…

Q: How do I calculate average percent growth of Real Per Capita GDP using FRED database for years…

A: The growth rate refers to the rate at which a variable changes in percentage terms from period to…

Q: what is the importance of calculating the growth rate?

A: Growth rate refers to the percentage change in the variable such as revenue, investment and other…

Q: What is the “urban push” and in what ways might it affect the relationship between urbanization and…

A: Urban push is a demographic term used to show the mechanism that cities are growing internally and…

Q: Define the concepts or Real GDP and Economic growth. Explain their relationship?

A: Real GDP is the final value of goods and services produced in an economy measured at base year…

Q: What is the impact of productivity growth on a nation's inflation rate or level

A: Inflation rate: It means a general rise in the price level in an economy over a period of time.

Q: What factors are generally considered responsible for GDP growth in developed countries? Have the…

A: Gross domestic product is the summation of a country's final goods and services. The economic…

Q: explain how economic growth could be a factor for the unemployment rate

A: The process by which the economy's final commodities and services increase is known as economic…

Q: what is differences in the types of incentives that economists propose for increasing economic…

A: Answer: Eсоnоmiс  develорment  inсentives  stаte  аnd  lосаl  gоvernment  effоrts  tо  enсоurаge…

Q: Write down the growth accounting equation. Explain each component briefly.

A: Growth accounting explains the different factors contribution towards the growth. Change in the…

Q: What are the fluctuations in Ghana economic growth from 2018 to 2021?

A: Economic Growth A rise in the production of economic goods and services is characterized as economic…

Q: List the four major elements that determine productivity growth. Choose one of these factors and…

A: Productivity growth is measured by the number of goods produced within the borders of the country.

Q: What is the current real GDP per person in South Africa? How has this changed over the past 10…

A: The word "economic environment" refers to any or all external economic parts that influence shopper…

Q: It is observed that in a country in a given period of 20 years the average GDP growth rate has been…

A: Gross Domestic Product :  GDP is a measure of the size of a country's economy. When GDP goes up, the…

Q: Why did the average GDP growth rate declined in Western Europe during the period of 1913- 1950…

A: It is the total value of goods and services that are produced in a country during a given period of…

Q: What is the age structure of a population? How does it affect population growth and economic growth?

A: *Answer:

Q: How is the indian economy doing? What is the growth rate of the real GDP? What is the trend in this…

A: The Indi economy was considered as one of the fastest growing economies of the world along with the…

Q: If the current real GDP growth rate and population growth rate are maintained, real GDP per person…

A: Rise in the production of goods and services on the sustainable basis is known as economic growth.…

Q: Economic growth Instructions: Find a chart showing the economic growth of an economy in long run.…

A: Several factors have driven the economic growth of the United States. These include: 1.…

Q: IS GDP important for economic growth

A: GDP (Gross Domestic Product) is the value of all final goods and services produced in the country…

Q: What is the impact of income inequality on economic growth? A. Income inequality has no effect on…

A: Income(Y) inequality refers to the unequal distribution of income(Y) among individuals or households…

Q: What is the economic growth rate? How is it calculated?

A: Since you have asked for multiple questions, we have answered the first one for you. If you want the…

Q: the population of a city grows by 3% each year. What is the growth factor?

A: In economics, the term "growth factor" refers to a measure that quantifies the rate at which a…

Q: Name Three public policies and how do they contribute to economic growth?

A: Increased output of products and services is referred to as economic growth.Economic growth can be…

Q: Why is real GDP a better measure of economic growth than nominal GDP?

A: Nominal GDP refers to the total value of finished goods and services that produced within the…

Q: 2001, a country had a real GDP of $30,000,000 and in 2002, real GDP was $40,000,000. What was the…

A: The real GDP is the inflation adjusted level of GDP in the economy. The GDP is the summated money…

Q: Explain about the positive relation between growth rate and standard of living of a country.

A: Economic growth is the rise in an economy's production of goods and services. The rise in capital…

Q: How to calculate Average annual growth rate of real GDP per worker, Real GDP per person, Real GDP…

A: The real GDP per capita is calculated by dividing the actual GDP by way of the overall…

Q: With three economies, each of which has a GDP per capita of $100. Trend growth in these economies is…

A: GDP per capita is measured as the ratio of total gdp and population . it shows how a person earn…

Q: What contribution can MSME's (Micro-, Small-, and Medium-Enterprises) give towards a sustained…

A: In an economy, MSMEs are a business organization that is operated with fewer workers and makes…

Q: In 2018, India was the world’s seventh largest economy, with a $2.69 trillion GDP (as measured in…

A: GDP is the indicator utilized across the globe to demonstrate the wellbeing of a country's economy:…

Q: growth in real GDP is not always seen as economic growth. why?

A: GDP or Gross Domestic Product refers to final market values of all goods and services produced in a…