Author Question: What is economic growth? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 89 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
What is economic growth?
 
  What will be an ideal response?

Question 2

What are the five variables that will shift the demand curve?
 
  What will be an ideal response?


ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

Economic growth refers to the ability of the economy to increase the production of goods and services.

Answer to Question 2

1. Income
2. Price of related goods
3. Tastes
4. Population and demographics
5. Expected future prices



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library