Assignment Title - Interest rate and its impact on savings and investment; Unemployment and inflation and their impact on economic growth
Q1. Explain the concept of interest rate, savings and investment. And analyse the role of real interest rate in affecting the supply for savings and demand for investment in an economy. Support your knowledge with relevant justification and examples.
Q2. Economic growth of a country is the outcome of the interaction of various economic indicators, considering this fact, critically analyse the impact and role of unemployment and inflation on the economic growth of a county. Also, present the latest statistical data of both the parameters of UAE/GCC/Arab Countries.
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