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

What is game theory, What is Game Theory?  Game Theory is a mathematica...

What is Game Theory?  Game Theory is a mathematical method of decision-making in which a competitive situation is examined to verify the optimal course of action for an interes

Labor markets and labor Union, 1. Nonwage Determinants of Labor Supply Supp...

1. Nonwage Determinants of Labor Supply Suppose that two jobs are exactly the same except that one is performed in an air-conditioned workplace. How could you measure the value wor

Transition economies, Former communist economies which is, with varying deg...

Former communist economies which is, with varying degrees of enthusiasm and have embraced CAPITALISM.

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease

Consumer surplus, using necessary and sufficient condition explain consumer...

using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?

Investment.., a reduction in investment spending would lead to

a reduction in investment spending would lead to

Cost Minimization for Cobb-Douglas, 3.Cost Minimization for Cobb-Douglas. S...

3.Cost Minimization for Cobb-Douglas. Suppose the Acme Gumball Company has the produc- tion function of q=LK. Given that the MPL=K, MPK=L and MRT S=MPL/MPK. Part a-b, we are anal

Determine the business cycle and classical economists, Determine the Busine...

Determine the Business Cycle and Classical Economists Business Cycle:   The business cycle is the fluctuations in the rate of economic growth that take place in the economy. Th

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