Over a ten year period, country A and Country B had the same saving rates, but the result of the growth rate was different. Why?

Q: How should countries operate relative to their investment opportunities?

A: Introduction Many investors allocate a percentage of their portfolios to international investments.…

Q: Where will economic growth come from in the future, and what kind of skills will workers need to…

A: Economic growth is the rise in the cost of the products and services an economy produces over time.…

Q: ​Capital formation is a key component of economic growth.  True  False

A: Capital Formation is that part of the output of an economy which is currently produced and is…

Q: If you had a choice between living in a country with HIGH GDP per capita but NO growth, OR, a…

A: GDP per capita refers to "output per person". This means it helps to determine the country's economy…

Q: Use the case to explain why international growth rates vary?

A: The growth rate of an economy is the % change in the value of all the services and goods produced…

Q: what is differences in the types of incentives that economists propose for increasing economic…

A: Answer: Eсоnоmiс  develорment  inсentives  stаte  аnd  lосаl  gоvernment  effоrts  tо  enсоurаge…

Q: How much should a nation be concerned if its rate of economic growth is just 2% slower than other…

A: The small difference in the rate of growth makes larger economic effect over a long period of time…

Q: According to the rule of 72,if the economy of the United Apex Emirates will double in 52 years, at…

A: The rule of 72 is an approximation to figure out doubling time required by an economy with a certain…

Q: Does a country need to be well endowed with natural resources in order to experience rapid long-term…

A: Economic growth refers to the increase in the amount of goods and services produced in the economy.…

Q: In most cases, wealthy countries have strong institutions that create incentives for economic…

A: This chapter is related to Economic growth. Economic growth is defined as the increase or…

Q: Identify one developed and one developing country.  Research their recent economic growth rates.…

A: Consider a developed country United States of America and a developing country India. Economic…

Q: Define economic growth and discuss its utility at the scale of one country and at the global scale.

A: Economic growth is the rise in overall level of output of an economy. The most common way to measure…

Q: Explain in detail what are the differences between an emerging country and a developing country

A: Meaning of Emerging and Developing Country: An emerging country refers to emerging economy and…

Q: Differences in which of these variables do NOT prevent countries from converging to the same steady…

A: The convergence hypothesis predicts that as countries go from early industrialization to complete…

Q: Is it a good idea to maximize economic growth by producing and consuming more and more economic…

A: Economic decisions depends on factors of supply and demand of goods and services.

Q: As long as a country has high GDP growth rate, it can be categorized as an emerging market economy.…

A: Emerging market economies are those economies that are into a transition period, and moving toward…