Why is the growth rate and significant for development, Business Economics

Assignment Help:

Why is the growth rate and significant for development?

The rate of economic development is the percentage increase within real GDP over twelve months.

• The higher rate of growth the faster poverty can be decreased and human economic well-being enhanced.

• A one percent growth rate implies standards of living doubles every 72 years; 2% as 72/2 = 38, etc


Related Discussions:- Why is the growth rate and significant for development

PRODUCTION, Importance of production.

Importance of production.

Anti-dilution protection, Suppose that EBV makes a $6m Series A investment ...

Suppose that EBV makes a $6m Series A investment in Newco for 1m shares at $6 per share. One year later, Newco has fallen on hard times, and receives a $6m Series B financing from

How do institutions influence development, How do institutions influence de...

How do institutions influence development? Institutions development influence: Institutions matter since they give opportunities for people and firms to participate into

What is suitable technology, What is suitable technology? Technology is...

What is suitable technology? Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniqu

Explain and evaluate the rational expectations theory, QUESTION (a) Exp...

QUESTION (a) Explain and evaluate the rational expectations theory. (b) What is the major argument of the supply side economists in relation to taxation policy? How is it di

Terms of trade, Difference between gross barter and net barter terms

Difference between gross barter and net barter terms

Saudi Economic Forecast 2018 to 2020, I want a presentation on Saudi Arabia...

I want a presentation on Saudi Arabia''s economic forecast for 2018 to 2020 and role and future of travel industry in it.

Treatment of capital gains and losses, Capital gains and losses are regar...

Capital gains and losses are regarded as wind falls. Fluctuation in the stock market prices in one of the most common sources of the wind falls. In a progressive society accordin

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