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Economic Growth

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Economic Growth

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Played 1 %Accuracy 69 Average time 09:27
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About this activity

Economic growth chains

Created by

Masooma
Masooma
United Arab Emirates

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Economic Growth
 

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Economic GrowthOnline version

Economic growth chains

by Masooma
1

Economic growth is an increase in over time .

2

Real GDP is GDP adjusted for .

3

When economic growth is high , is likely to fall .

4

Economic growth ? higher demand for labour ? ? lower .

5

Economic growth ? higher incomes ? ? higher .

6

Rapid growth ? higher aggregate demand ? ? inflationary pressure .

 
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