What should be the appropriate growth rate in any country, Microeconomics

Assignment Help:

What should be the decent/appropriate growth rate in any country? 

Answer:   A growth rate of among 2-3% is considered normal for mature developed countries; for LICs, 5-7% is considered healthy and 7%+ is excellent. 

 


Related Discussions:- What should be the appropriate growth rate in any country

Economics, characteristics of microeconomics

characteristics of microeconomics

Demand elasticity analysis, demand elasticity analysis and its significance...

demand elasticity analysis and its significance in pakistan

True False question, 1. Cost minimizing firms must be profit maximizing as ...

1. Cost minimizing firms must be profit maximizing as well. False, why??

Economic champter 1, provide 3 examples of 1210 billionares in the world fa...

provide 3 examples of 1210 billionares in the world face scarcity

POLICY FAILURE, GROWTH OF EMPLOYMENT OPPORTUNITIES: Policy failure ref...

GROWTH OF EMPLOYMENT OPPORTUNITIES: Policy failure refers to situations:   i) When the objectives of public policy are attained partially or inadequately or in a distorted

Uncompensated demand curves, Using a graph of the compensated and uncompens...

Using a graph of the compensated and uncompensated demand curves, show how the magnitudes of the CV, EV, and  ?CS will be related to each other when there is a ceteris paribus incr

What is the difference between economics and business, What is the differen...

What is the difference between economics and business?  Economics is the study of how we, the people, engage ourselves in production, distribution and consumption of goods and

Input-output models , Input-Output Models Input-output models are use...

Input-Output Models Input-output models are used in economics of education in studies of cost-quality and education-labour-earnings relationships. Different levels and forms

Demand of pepsi cola goes up, If the quantity demanded of Pepsi Cola goes u...

If the quantity demanded of Pepsi Cola goes up, and its supply enhances what will occur in the market for Pepsi?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd