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Author Question: What is economic growth? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 56 times)

jrubin

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on: Jun 29, 2018
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?
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ryansturges

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Reply #1 on: Jun 29, 2018
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


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