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: How can an increase in government spending boost economic growth and reduce unemployment in South…
A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…
Q: What three ways can a push-pull factor affect a cities growth?
A: push- pull theory is a most important theory to study about floating of population from one place…
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: Please explain the effect of public expenditure on economic growth?
A: According to the given question In simple words we can say that a public expenditure is an…
Q: Why is the long run U.S. economic growth rate slowing?
A: The US market has been growing at a rate that hasn't been witnessed in decades.
Q: Identify THREE public policies that can stimulate employment and facilitate economic growth in an…
A: In response to social challenges, public policy is an institutionalised plan to solve relevant and…
Q: International data show a positive correlation between political stability and economic growth.…
A: In economics, there is said to be a positive correlation between the political stable a country…
Q: What would be the effect of each of the following events on actual and potential economic growth?…
A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…
Q: Economists who have studied economic growth find strong evidence for convergence among countries…
A: Convergence refers to the situation where all the economy converge in terms of per capita income…
Q: propose 2 reasons why government should emphasize economic growth as a part of its mandate
A: Economic growth refers to the rise in the production and consumption of goods and services from one…
Q: Why do diminishing returns not limit growth in new growth theory? Diminishing returns do not limit…
A: New Growth Theory states that knowledge about how to produce goods and services is an important…
Q: A number of countries in the world have achieved sustained economic growth. In all of these…
A: The sustainable economic growth is the implication of the growth rate that an economy has achieved…
Q: Are higher long-run capital-income ratios associated with lower growth rates?
A: The Solow model is an economic growth model that examines the change in the output level in an…
Q: Explain how each of the three conditions Smith describes would promote economic growth
A: Peace would promote economic growth as it is an indication of respect to property rights. Violence,…
Q: you are appointed by a congressional task force to recommend at least two economic policies that…
A: To enhance the long term economic growth, one can use the expansionary monetary and fiscal policies.…
Q: Which of the following options listed below do economists count as determinants of economic growth?…
A: Economic Growth is defined as an increase in the production of goods and services in an economy. It…
Q: What would be the effect of each of the following events on actual and potential economic growth?…
A:
Q: What did Thomas Malthus believe about population growth?
A: ‘Population growth’ refers to the increase(↑) in the individual number in a population. The…
Q: Which of the following is a potential "cost" associated with economic growth? a. Greater power…
A: Economic Growth is the increase in the output or production of goods and services in the country…
Q: Explain why a fall in economic growth could lead to a rise in unemployment. Use a diagram to support…
A: Economic growth: It is the measure of the rise in the production of goods and services over a…
Q: Long-run economic growth can occur as a result of
A: Economic growth occurs as a result of increase in GDP.
Q: Name and explain three of the five policies to achieve faster economic growth.
A: When comparing one period of time to the next, economic growth refers to an increase in the…
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…
Q: What are the two major determinants of the overall growth of the economy according to the view of…
A: -Economic growth is the increment in the market worth of the labor and products that an economy…
Q: How does stability conflict with growth?
A: Growth refers to the rise in the production of goods and services in sustainable manner. The…
Q: Policymakers trying to promote economic growth must confront the issue of what kinds of capital the…
A: Policymakers need to consider various variables while handling wide issues like joblessness,…
Q: An increase in the availability of credit leads to faster economic growth. Agree or disagree?…
A: Credits refers the availability of capital or cash in the economy so , here we can discuss the…
Q: Why is a Cobb-Douglas production function useful for analyzing economic growth?
A: Economic growth is defined as an increase or improvement over time in the inflation-adjusted market…
Q: What are the differences between the Solow model and endogenous growth theories?
A: Solow model is an exogenous growth model. In Solow model we study economic growth as a result of…
Q: What is the difference between extensive and intensive growth? Why was the Soviet Union successful…
A: Extensive growth and Intensive growth are based on productive quantity and productive capacity.
Q: How do interest rates affect economic growth? Which federal agency influences interest rates?
A: GDP: Gross domestic product or what is commonly known as GDP is the term used to measure the…
Q: Discuss whether there is a conflict between economic growth,price stability and full employment
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: If the GDP (t) of Japan is $997.50B today and this country is expecting its GDP (t+1) to be $1,076.9…
A: Given the present GDP of Japan = $997.50 Expected GDP = $1076.9
Q: the limitations of capital accumulation, and how it leaves a significant part ofeconomic growth…
A: The capital accumulation implies the increase in the amount of capital in a nation which leads to…
Q: Diagrammatically explain how savings affect economic growth?
A: Saving is very important for the growth of the economy. The saving that is accumulated can be…
Q: Why might it be necessary to reduce consumer spending in order to attain faster economic growth?…
A: Sustainable economic growth implies a rate of growth that, particularly for future generations, can…
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- International data show a positive correlation between political stability and economic growth. Through what mechanism could strong economic growth lead to political stability?International data show a positive correlation between political stability and economic growth. Through what mechanism could political stability lead to economic growth?How can an increase in government spending boost economic growthand reduce unemployment in South Africa?
- What did Thomas Malthus believe about population growth?What did Malthus and Ricardo say about population growth?Governor Mitch Daniels advocates that the government intervene less in business to promote jobs and ultimately economic growth. Instead, he argues to have government put factors in place that promote job growth such as lower taxes and more infrastructure. Is this an appropriate method to promote growth? Are there alternatives where the government can intervene that are more efficient than the market?
- how smart growth is making cities more sustainable.Why might it be necessary to reduce consumer spending in order to attain fastereconomic growth? Would it be worth the sacrifice?"Given the rate at which scientists are making new discoveries, we will soon reach the point that no further discoveries can be made. Economic growth will come to a stop.” Do you believe this to be an accurate statement? If so, why? If not, why?