If a nations primary goal is to increase the standard of living for its citizens, then it
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If a nation’s primary goal is to increase the standard of living for its citizens, then it should strive to increase
nominal GDP. | ||
real GDP. | ||
GDP per capita. | ||
capital deepening. |
Economic growth policies for high income nations often includes
investments technology and human capital. | ||
moving to a market economy from a government controlled economy. | ||
resolving political instability. | ||
finding an equilibrium between aggregate demand and aggregate supply. |
Economic growth policies for low income (economically challenged) nations should include
investments technology and human capital. | ||
managing hyperinflation. | ||
resolving political instability. | ||
finding an equilibrium between aggregate demand and aggregate supply. |
Related Book For
Project Management Achieving Competitive Advantage
ISBN: 978-0133798074
4th edition
Authors: Jeffrey K. Pinto
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