Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Economic growth can: A

Economic growth can: A

Economics

Economic growth can: A. create jobs. B. reduce poverty. C. improve standards of living. D. All of these statements are true 
 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer

D .

Explanation

An increase in real GDP - an increase in the value of national output, income and expenditure referred to as economic growth. Higher economic growth enables the government to spend more on public services, such as health care and education which improves standard of living, create jobs and reduce poverty. The correct option is D "All of these statements are true".