Which of the following will contribute to economic growth? a. Technologies that reduces production costs. b. Higher taxes. c. Lower taxes. d. Tightened industrial pollution regulations. e. None of the above.

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: An increase in consumer confidence is probably the most important factor in achieving economic…

A: Reason for true: An increase in consumer confidence leads to higher consumption as the consumers…

Q: Technology may have a macro- and micro-level effect on economic growth.What types of technologies…

A: For economists, technology is something that allows us to create things more quickly, better, or for…

Q: Explain how we measure the growth rate of an economy and the consequences of both too low and too…

A: Economic growth is characterised as the rise in the market value of products and services generated…

Q: Why does economic growth matters? How do resource and technology contribute to economic growth? What…

A: Economic growth is basically  the growth in the real Gross Domestic Product(GDP) of a country. this…

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: Explain three polices that facilitate economic growth?

A: Economic growth refers to an increase in the market value of goods and services over a period of…

Q: Can Economic growth be sustainable? What is Environmental policy? Describe 8 major US Environmental…

A: There has been no sustained economic growth for most of history because sustained Economic growth is…

Q: What is the “productivity puzzle” and how is it linked to economic growth?

A: Productivity is an economic concept that refers to the calculation of output per unit of input. It…

Q: What are the ways in which a government policymaker can try to raise the growth in living  standards…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What are four public policies that can facilitate economic growth in a economy?

A: Using public policy wisely helps to increase the economic growth of a country.

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: Which of the following is not a source of economic growth? A. appropriate incentive system B.…

A: Financial development or economic growth- estimated as an increment of individuals' genuine pay -…

Q: How do Economic institution affects Economic growth

A: Economic institutions are responsible for the economic policies formed in the economy. These…

Q: What is the essence of economic growth and how does it affect your every day life? Give an example.

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

Q: By giving examples, explain the steps on how a government should chart the path towards sustainable…

A: The economy that entails markets providing incentives in order to reuse products instead of…

Q: What is the dynamic entrepreneurship and what are the dynamic entrepreneur’s roles in economic…

A: Entrepreneurship is the activity in which a person or number of people set up a business by taking…

Q: Explain why economic growth is a necessary condition but not sufficient condition for economic…

A: The economic growth is the increase in the real output of the economy in a period of one year time.…

Q: Suppose that society decided to reduce consumption and increase investment. i. How would this…

A: Suppose that society decided to reduce consumption and increase investment.i. How would this change…

Q: How does government affect economic growth? What are some examples of the good government and bad…

A: Government works for the welfare of the nation. Government with its fiscal  policy try to attain…

Q: What are public policies and how to they contribute to economic growth?

A: Economic growth is also known as prosperity, boom, economic upswing. It means an increase in the…

Q: What are the seven economic growth​ facts?

A:

Q: Explain/Discuss how technology, education and international investment can aid in economic growth,…

A: Economic growth is calculated by an economy's gross domestic product and the quality of life is…

Q: b. What is the relevance of productive and allocative efficiency to the growth process?   c. What is…

A: b. What is the relevance of productive and allocative efficiency to the growth process? Answer- In…

Q: What impact does economic growth have on the cost of living?

A: Economic growth generally refers to an increase in the production of goods and services from one…

Q: Explain the benefits or cost of economic growth and How to achieve growth?.

A: There are various issues that government has to deal with. Issues such as poverty, unemployment,…

Q: Is it a good idea to maximize economic growth by producing and consuming more and more economic…

A: Economic decisions depends on factors of supply and demand of goods and services.

Q: Define economic growth and explain what it means in terms of standards of living

A: Standard of living alludes to the degree of riches, solace, material merchandise, and necessities…

Q: Why Are the Factors of Production Important to Economic Growth?

A: Increases in the production of products and services from one period to the next are referred to as…

Q: What is meant by economies of scale and what is the importance of this concept to economic growth?

A: In an economy, production cost refers to the cost incurred when producing goods and services by the…

Q: WHAT IS THE IMPORTANCE OF ECONOMIC GROWTH?

A: Economic growth indicates that a country's limited resources are being used more efficiently. It is…

Q: WHAT ARE ALL THE SOURCES OF LONG TERM ECONOMIC GROWTH

A: Economic Growth is referred to as increase in the production of various goods and services in an…

Q: Between 1916 and 2016, the average growth rate of real GDP per person in the United States was 2…

A: From this statement we can understand the trend in the economy during 1916 92 2016.

Q: Describes economic growth and explain FOUR (4) public policies that can promote economic growth.

A:

Q: What factors contribute the most to economic growth?

A: To manufacture goods and services, you'll need resources. However, in terms of the demands and…

Q: When and where did modern economic growth first happen? What are the major institutional factors…

A: Answer - The moredn economic growth first happen in 18th century in the continent of Europe. This…

Q: Which country looks like it's experiencing exponential growth?

A: explanation: А  соuntry  exрerienсing  exроnentiаl  grоwth  is  ;    А  соuntry  with  а  higher…

Q: 10. According to Simon Kuznets, a The main force behind economic growth is increases in the quantity…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: At Which stage of production is the best to economic growth?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: What are the 4 factors of economic growth?

A: The four factors of economic growth were:  1) Technology     Technology innovation leads to the…

Q: Governor Mitch Daniels advocates that the government intervene less in business to promote jobs and…

A: Supply-side Economics The macroeconomic view of supply-side economics is conservative and…

Q: d. Look at the hypothetical data below: Real GDP per capita Nigeria $1,000 Mexico $8,000 China…

A: 2 sources of growth for GDP per capita are size of work force and labor productivity. Income changes…