Growth is a significant economic goal. Explain
Growth is a significant economic goal. Explain?
Expert
Growth is an significant economic goal because it means more and more material abundance and ability to meet the economizing problem. Growth decreases the burden of insufficiency.
The arithmetic growth is imposing. Using the “rule of 70,” a growth rate of 2% annually would take 35 years for GDP to double, but a growth rate of 4% annually would only take about 18 years for GDP to double. (The “rule of 70” uses the absolute value of a rate of change, divides it into 70, and the result is the number of years it takes the underlying quantity to double.)
Economic Territory: This refers to the region of a country where there is a free movement of goods, capital and human resources.
Just need help to see if I am in the right direction if there any think wrong need help with it.
Cost of debt= (1-tax rate)* interest rate * (debt ÷capital employed)Cost of equity = risk free rate + market premium (equity shareholders funds÷ capital employed)
Explain the slope of a straight line is the ratio of the vertical change to horizontal change between any two points on the line?
Questions: 1: Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice. Q : Explain the markets and prices of the Explain the markets and prices of the Market System?
Explain the markets and prices of the Market System?
Briefly describe cost of equity shares? And also write down way to evaluate the cost of equity shares?
Use the circular flow model to confirm this assertion for the levying of a tax on air polluters?
Drawing a production possibilities frontier needs the supposition that: (1) Decision makers encompass discretion over resource accessibility. (2) Technology is constant. (3) Income is fairly distributed. (4) Resources are considerably diverse. (5) At least three goods
Elucidate how Personal income tax is a major source?
18,76,764
1961564 Asked
3,689
Active Tutors
1442558
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!