Author Question: Explain how a nation's economic growth is measured and what stimulates economic growth. What is the ... (Read 51 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?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library