Q. 4 can someone help me to describe this line chart with include discussion on the relationship between FDI inflow to Economic growth ?

Q: conomists measure economic growth as the a. percentage change in GDP deflator b. percentage change…

A: An increase in the market value of goods and services over a given period is referred to as economic…

Q: If the chain-weighted growth rate of real GDP from 2007 to 2008 is 13% using 2007 as the reference…

A: The chain-weighted growth rate is defined as the ratio of GDP values of two adjacent years…

Q: where growth in Refer to Figure 11-5. Based on the "catch-up line" drawn above, poorer countries are…

A: Poor countries have low standard of living of the people, wide inequalities, poverty etc  Real GDP…

Q: Question 17: Recall the discussion that we had in class about growth and the discrete equation of…

A: Current GDP@ER in country U= $20.5T & Average annual growth rate =2.5% Current GDP@ER in country…

Q: Please explain the effect of public expenditure on economic growth?

A: According to the given question In simple words we can say that a public expenditure is an…

Q: Level of GDP in year 0 equals 100. In the next four years rate of nominal annual GDP growth is…

A: Nominal GDP, year 1 = 100 x 1.07 = 107 Nominal GDP, year 2 = 107 x 1.07 = 114.49 Nominal GDP, year 3…

Q: what aggregate production function elements are most important in bringing about growth in GDP per…

A: GDP (Gross Domestic Product): It shows the production of goods and services in an economy which is…

Q: In about twenty years, a country could approximately double its GDP if its sustaining an annual…

A: The answer is - 3.5%

Q: Assume that the growth rate of the capital stock in each period is determined by the level of output…

A: Given  Total population in economy is 80 millionProductivity = 0.0035 Growth rate of output = (New…

Q: Suppose a company discovers a breakthrough lubricant that reduces the amount of wear on  mechanical…

A: The Solow Model of economic growth or the neo classical model of growth This model is also known as…

Q: 1.B Suppose the capital share in New Zealand is a = 3/5. Mark ALL of the CORRECT statements. For…

A: α=35

Q: What would be the effect of each of the following events on actual and potential economic growth?…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: 7.2.5  The measure of GDP for economic growth is not always perfect.  Describe any two problems that…

A: Answer to the question is as follows :

Q: Economists who have studied economic growth find strong evidence for convergence among countries…

A: Convergence refers to the situation where all the economy converge in terms of per capita income…

Q: Please distinguish between 'balanced growth' and 'unbalanced growth'

A: Both of the theories, the theory of balanced growth and unbalanced growth are based on Big push. It…

Q: Text:Using the labor market, the production function Real GDP = T (L, K), and the LRAS curve,…

A: In macroeconomics, economic fluctuations are generally studied using the concepts of aggregate…

Q: An increase in research productivity: Suppose the economy is on a balanced growth path in the Romer…

A:

Q: Explain the difference between long-run and short-run economic growth!

A: In an economy, economic growth is explained in two different periods such thay short-run and…

Q: What were the approximate levels ($) of real GDP in the 2nd and 3rd quarters of 2020? (HINT: Use…

A: To get the growth rate in real GDP on a quarterly basis: Growth rate, g = (Q3-Q2)*100/Q2

Q: Calculate the real GDP growth rate for 2019, if real GDP in 2018 is 500 Euros and real GDP in 2019…

A: GDP is the value of final goods and services produced in the country.

Q: Assume that RGDP per capita in NZ typically grows at about 3.8% p.a.. Discuss the differences in…

A: Th real GDP is the value of the final goods and services which are calculated at the base year…

Q: The AK model of economic growth predicts conditional convergence among countries.

A: The AK model is an endogenous growth model, which is used in the economic theory. This model uses…

Q: a) What is the growth rate of output per worker before the change? What happens to this growth rate…

A:

Q: Assume a hypothetical society that decides to reduce consumption (production of consumption goods)…

A: (1)   The increase in investment leads to long term economic growth. That is, increase in investment…

Q: What is linear stages of growth model in ecomonics? Explain by your own understanding

A: Linear stages theory - This a historical growth model given by Walter Whitman Rostow in 1960. His…

Q: Using the production function Real GDP = T (L, K), and the LRAS curve, describe the process by which…

A: The economics as a study is based upon the basic idea that the resources which are present with the…

Q: sources of productivity growth in an economy

A: Productivity growth is very important for any economy. Productivity can be defined as the value of…

Q: Suppose that the average annual rate of population increase in Econland in recent years was about 2…

A: The population growth is having a positive impact on economic growth as in – more population means…

Q: Why is Real GDP a better indicator of productive growth than Nominal GDP ?

A: Gross Domestic Product (GDP) measures the value of final goods and services produced with in the…

Q: The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was launched by Deputy…

A: Here, various economic issues are arisen to deal with them and to enhance the economic growth. These…

Q: Taylor (1997) explains that when estimating long-run real GDP growth, we use the sum of wage growth…

A: Taylor Rule of 1997 states the changes that should be made in the interest rate due to inflation and…

Q: Policymakers trying to promote economic growth must confront the issue of what kinds of capital the…

A: Policymakers need to consider various variables while handling wide issues like joblessness,…

Q: input

A: Growth accounting helps us to understand contribution of different factors towards growth. Labor,…

Q: . For a high-income economy like the United States, what aggregate production function elements are…

A: The dependence of real GDP on various inputs available in the economy is explained by the aggregate…

Q: Discuss whether there is a conflict between economic growth,price stability and full employment

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Q)1 a) Canada​'s real GDP was 2,016 billion dollars in 2017 and 2,053 billion dollars in 2018.…

A: Given: Real GDP: 2017=$ 2016 billion 2018=$2053 billion

Q: While increasing outplut levels have been a benefit of economic growth, what have been some of the…

A: Considering the effects of the social challenges and the problems associated with economic growth…

Q: What is Impact of governement expenditure on economic growth in rwanda

A: After the decimation of 1994 which carried the Rwandan economy to grassroots, the public authority…

Q: A mathematical approximation called t he rule of 70 tells us that the number of years that it will…

A: The rule of 70 conveys the information about the time taken by a variable to become twice of its…

Q: Small differences in growth rates in the size of the economy, over several decades, will result in…

A: GDP means total value of goods and services produced in national boundaries in a year . And real GDP…

Q: Identify a three public policies that can stipulate employment and facilitate economic

A: Government policies can lead to rise in the growth rate and employment. The monetary and fiscal…