Author Question: Explain how a nation's economic growth is measured and what stimulates economic growth. What is the ... (Read 53 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
Explain how a nation's economic growth is measured and what stimulates economic growth. What is the central bank, and how does it affect economic growth?
 
  What will be an ideal response?

Question 2

Due to the competition involved in global industries, marketing strategies are determined by the unique needs and regulations of each nation.
 
  Indicate whether the statement is true or false



ju

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

Economic growth is the increase in value of the goods and services produced by an economy. It is usually measured as the annual increase in real GDP in which the inflation rate is subtracted from the growth rate. Economic growth results from continual economic activities, including innovation and entrepreneurshi

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

For a complete list of videos, visit our video library