Sources of economic growth (1 Viewer)

[MoonLiteDreamz]

What do u think?..

 

[babiisapphire]

any increase in the component of C + I + G + (X-M) ?

 

[Sparcod]

There's the aggregate demand equation.
Also, a rise in technology/ quality of labour and hence productivity.

 

[joeyjojoshabado]

also
- increases in the size of the labour force
- improvements in productivity
- advances in technology

 

[MoonLiteDreamz]

Hmm.. But I didnt want those. cuz i just wont remember then. haha. >_<

 

[Riviet]

Many government policies can be used to boost growth - e.g monetary and fiscal policy, not to mention microeconomic policies that can indirectly increase economic growth through improvements in productivity and efficiency.

 

[mitsui]

increase in AD
increase in amount of factors of production
increase in productivity of existing factors of production

 

[Sparcod]

Many government policies can be used to boost growth - e.g monetary and fiscal policy, not to mention microeconomic policies that can indirectly increase economic growth through improvements in productivity and efficiency.

Microeconomic reform increases productivity in the long term.