Author Question: Explain how a nation's economic growth is measured and what stimulates economic growth. What is the ... (Read 150 times)

oliviahorn72

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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

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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



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