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tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs.
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∙ 11y ago
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A decline in interest rates is expected to?
increase economic growth
Kuznets six characteristics of economic growth?
Kuznets' six characteristics of modern economic growth are discussed:High rates of growth of per capita incomes.High rates of growth of total factor productivity.High rates of structural transformation of the economy.High rates of social and ideological transformation.Growth of trade, specifically import of raw materials and export of manufactures.Limited spread of development to only a third of the world population
Which of these actions of the Federal Reserve can slow economic growth?
you didn't put any choices but a sale of bonds or raising interest rates would slow economic growth.
What do you think accounts for the different piracy rates across countries?
Economic conditions
Why is it difficult to compare different countries growth rates?
becase it constly changeing
A decline in interest rates is expected to?
increase economic growth
Kuznets six characteristics of economic growth?
Kuznets' six characteristics of modern economic growth are discussed:High rates of growth of per capita incomes.High rates of growth of total factor productivity.High rates of structural transformation of the economy.High rates of social and ideological transformation.Growth of trade, specifically import of raw materials and export of manufactures.Limited spread of development to only a third of the world population
Does high rates of economic growth always stabilize the economy?
No, in essence a high growth rate is good but as a result high growth rates will lead to a cession. It is part of the business cycle. To stabilize an economy growth rates should slow and steady
Which of these actions of the Federal Reserve can slow economic growth?
you didn't put any choices but a sale of bonds or raising interest rates would slow economic growth.
What are the first signs of economic growth for a country?
According to the Wise Greek website, the first signs of economic growth for a country are unemployment rates dropping and surplus amounts of products.
How education affects economic growth?
The higher the education the higher the economy due to great rates
What do you think accounts for different piracy rates across countries?
Economic conditions
What do you think accounts for the different piracy rates across countries?
Economic conditions
Why is it difficult to compare different countries growth rates?
becase it constly changeing
How economic growth is different from economic development?
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
What promotes economic growth in cities?
A variety of different things promote economic growth in cities. Incentives for new businesses to build, such as low property taxes and reasonable lease rates are some examples.
What has the author Sergio Rebelo written?
Sergio Rebelo has written: 'Growth in open economies' -- subject(s): Capital market, Economic development, International trade, Mathematical models 'What happens when countries peg their exchange rates?' -- subject(s): Foreign exchange rates, Mathematical models, Monetary policy 'Real effects of exchange rate-based stabilization' -- subject(s): Deflation (Finance), Economic stabilization, Foreign exchange rates 'Long run policy analysis and long run growth' -- subject(s): Capital productivity, Economic development, Economies of scale, Effect of economic policy on, Effect of taxation on, Mathematical models
