Author Question: Explain how a nation's economic growth is measured and what stimulates economic growth. What is the ... (Read 161 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?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

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.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

For a complete list of videos, visit our video library