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what are the important aspects in tracking the macro-economyimportant aspects in tracking the macro-economya how economists utilizes aggregate
introduce about the open-economy macroeconomics shortlythe open economya one of the major concerns introduced through open-economy macroeconomics is
illustrate the about term the open economy in shortthe open economya a closed economy is an economy which does not trade goods-services as well as
illustrate the overview and importance of macroeconomicsafter familiar with this illustration able to knowa an overview of macroeconomics is the
the australian government administers two programs that affect the market for cigarettes first media campaigns and labelling requirements aimed at
critically examine the statement that privatization can always decentralize
what is gross national productgross national product gnpit measures the value of output produced through a country is citizens anywhere within the
what do you mean by gross domestic productgross domestic product gdpit measures the value of economic activity which is output produced into the
what are the costs of economic growth economic growth can result also intobull increases within pollution noise and congestionbull unnecessary
how do countries grow economic growth economic growth is attaining by increasingbull quantity of resources by investmentbull quality of resources by
what are the social economic and non economic factorsdevelopment is also a procedure involving change in some social economic and non economic
what is the development process development is measured through outcomes that are development occurs while key indicators of human well-being enhance
what are between material and non-material progress bull material progress considers to as economic growth growth is only one dimension of
can growth arise without development growth is just one feature of development and therefore is an essential but not enough condition for economic
differentiate economic growth and economic developmenteconomic growth is a raise into real gdp gdp is only one dimension of development and therefore
what are un millennium development goals the un millennium development goals mdgsthese are a set of objectives shared through the imf the oecd and
how are the qualitative aspects of development measured development includes the evolution of more safe stable participatory and only societies this
how can an economic development be measuredthe un has developed an extensively accepted set of indices to measure development in opposition to a mix
what are the indicators of development economic development is a complicated multi-dimensional idea preferably each aspect of development needs its
what is the difference between economic growth and economic developmentgrowth is only individual dimension of development economic development is a
what are the potential disadvantages of growththe potential disadvantages of growth are as followsbull raised pollutionbull depletion of non
what are the potential advantages of economic growth the potential advantages of growth includebull more goods and services are accessible to satisfy
why do some countries have a high real per capita income high standard of living within the industrialized nations consider to be largely because of
why do some countries have a low real per capita income low real per capita income considers being largely due low productivity ie output per worker
what is productivity productivity or average product apit is output person which is output divided through number of workers ap ql there labour