when refer to the real GDP growth table, some states had the fastest annual economic growth. Discuss are the states with the fastest growing economies always the states with the largest nominal GDP?

Q: Name Three public policies and how do they contribute to economic growth?

A: Increased output of products and services is referred to as economic growth. Economic growth can be…

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: answer question D

A: Answer to part D is as follows :

Q: Which of the following is the per capita real GDP growth rate if a country''s real GDP growth rate…

A: GDP growth rate: It measures the percentage change in the overall output level in an economy during…

Q: 3. A country had real GDP per person of 5000 in 2005 and 5152 after 15 years. What was the average…

A: This concept can be defined as a tool that helps in measuring the total amount of production of…

Q: What is one real world examples of how the following can facilitate economic growth in a country:1.…

A: The fiscal policy is used by the government through which they influence the tax rate and government…

Q: Year Real GDP 2009 2010 $8 billion $10 billion Population 1.0 million 1.2 million Instructions:…

A: Real GDP per capita in 2009 will be: Real GDP per capita in 2009=Real GDP of 2009Population in…

Q: a. What are the ways in which a government policymaker can try to raise the growth in living…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: 1.The definition for economic growth we developed in this class is quite strongly related to…

A: Standard of living is the level of comfort, necessities, material goods, and wealth available to the…

Q: In the long run, what will be the source of a country’s economic growth? a. Labor laws b. Labor…

A: Long run in the sense, there would be no fixed costs and only variable costs would be there.

Q: 10. What policies can the government of a free-market economy implement to stimulate economic…

A: Economic growth refers to the expansion in the production of the goods and services in the economy…

Q: 15. Banks normally hold few excess reserves because this practice is: not recommended by the Fed…

A: Bank refers to the financial organization having the license for receiving deposits and making…

Q: Use the following information to work Problems 1 and 2. China’s growth rate of real GDP in 2005 and…

A: Compounding is a concept in finance, where the initial principal amount invested as well as the…

Q: A nation can achieve higher economic growth if Select one: a. the government increases the taxes…

A: The objective of the question is to identify the correct option that can lead to higher economic…

Q: Which of the following is not a source of economic growth? A. appropriate incentive system B.…

A: Financial development or economic growth- estimated as an increment of individuals' genuine pay -…

Q: How does a tax on interest income influence the economic growth rate? A tax on interest income…

A: Income tax has no impact on the demand for labor, but the supply of labor does change. The gap…

Q: 20. In recent years, many DVCS have come to realize that A. private capital investment is essential…

A: IAC or Industrially advanced countries are those countries that have a high level of per capita…

Q: In the long run, what will be the source of a country’s economic growth? a. Labor costs b. Labor…

A: Human capital is what makes long-run economic growth possible.

Q: Which of the following is not considered a factor contributing to economic growth? Select one: a.…

A: The improvement or increase in the market value of the goods and services produced by an economy…

Q: discuss the factors that contribute the most to economic growth? 1500 words limit

A: The term economic growth is associated with economic progress and advancement.   Economic growth can…

Q: If the US has an average growth rate is 2.1% and South Korea has an average growth rate of 5.%, then…

A: Growth, the interaction by which a country's wealth increments over the long run. Albeit the term is…

Q: If you are given a choice to live in a country with high level of GDP and low growth rate or to live…

A: Hey, thank you for the question, since there is multiple question posted, according to our policy…

Q: 2 reasons why government should emphasize economic growth as a part of it's mandate?

A: Economic growth can be defined as the rise in the aggregate production of the economy which shows…

Q: ​_____ shows roughly how long it will take a nation to double its output at various growth rates.…

A: GDP deflator shows the inflation.  GDP deflator = (Nominal GDP ÷ Real GDP) × 100   Rule of 70 shows…

Q: How does government affect economic growth? What are some examples of the good government and bad…

A: Government works for the welfare of the nation. Government with its fiscal  policy try to attain…

Q: Answer and Explain in Philippine's Context 1. What form or combination of political institutions is…

A: So we can say that where I think political institutions demonstrate that consolidated democracies…

Q: What is the impact of income inequality on economic growth? A. Income inequality has no effect on…

A: Income(Y) inequality refers to the unequal distribution of income(Y) among individuals or households…

Q: All of the countries that grant considerable economic freedom have experienced positive rates of…

A: The Economic Freedom of the World index indicates that Economic freedom is the fundamental right of…

Q: Economic growth is most affected by: a. money supply b. discovering natural resources c.…

A: By comparing one period of time to the next, economic growth refers to an increase in the output of…

Q: ? V 1. Promote ? V 2. Reduce

A: The long term economic growth increases when the productivity of the economy increases or real GDP…

Q: 3. Write down and discuss the three stylized facts about economic growth in the cross-sectional…

A: Economic growth means more production of goods and services that increases the productivity in an…

Q: 1. The objective of economic development is to raise the levels of living, it means a. provide…

A: 1. Economic development refers to initiatives, policies, or actions aimed at improving a community's…

Q: If a country’s GDP rises from $100 to $103, What is rate of economic growth and then Explain short…

A: Answer: Given values  GDP of period 1= $100 GDP of period 2= $103 To find= rate of economic growth…

Q: Nnominal GDP or real GDP provide more accurate picture of the growth in a state? why also explain…

A: In an economy, total output is measured in two ways to explain the growth using different…

Q: e government can't only choose increasing either education or health expenditure in order for…

A: Education and healthcare are two pillars of human development in any country.…

Q: Countries with more economic freedom have levels of economic growth that   a. are generally lower…

A: The economies around the world works with the help of various entities, and agents, such as the…

Q: 20.The Growth definition of Economics was introduced by (A) (B) (C) (D) J.M.Keynes and P.A.…

A: option A is correct answer the definition of growth was introduced by   The American  economist 20th…

Q: Real GDP in Country Z is growing at 5 per cent and its population is growing at 2 per cent. In…

A: Per capita GDP It is the average output of the nation divided by the population of the country. Per…