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Why is investment an important component in a country's output?
what theory supports investment in GDP
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- Explain why a policy mix would result in growth in GDP.Briefly explain whether investment spending is likely to increase more rapidly in a country with a rapidly growing population or in a country with a slowly growing population. Does your answer depend on whether the country is a high-income industrial country or a low-income developing country?Is it possible for GDP to rise while at the same time per capita GDP is falling? Is it possible for GDP to fall while per capita GDP is rising?
- Describe how Research and Development (R&D) can boost the economy ?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:Why do you suppose that U.S. GDP is so much higher today than 50 or 100 years ago?
- What do you call the Circular flow of goods and income of households and firms with the government and foreign countries.When GDP increase ?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: