Social Studies
19.03.2022 06:33
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What type of economic growth do most developed economies experience? a) rapid growth

What type of economic growth do most developed economies experience?
a) rapid growth
b) unpredictable growth
c) moderate growth
d) slow growth
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veaseyjermarius1234
veaseyjermarius1234
4,4(39 marks)

Economic growth is an outward shift in its Production Possibility Curve (PPC). It is measured by the increase in a country’s total output or real Gross Domestic Product (GDP) or Gross National Product (GNP).

The most developed economies experience slow economic growth.

Other term for slow economic growth is economic stagnation.

arrichardson787
arrichardson787
5,0(91 marks)
D slow growth. Just took the test.
Lovely7290
Lovely7290
4,6(91 marks)

1. Sanction

2. Embargo

3. Quota

4. Subsidy

5. Tariff

6. Exports

7. Imports

8. Boycott

Explanation:

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