The economic growth rates gives information on how fast the economy is growing,and is calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two subsequent periods.
<u>The two main determinants of GDP/economic growth are:</u>
- Productivity increases caused by more efficient use of inputs (labor, capital) and implementation of innovation.
- Accumulation of physical capital
<u>Effects of economic growth</u>
- Larger amount of goods and services are available in the country and ready for consumption
- High employments levels, as workers are necessary to manufacture that large quantity of goods and services. As GDP has grown, so have done employment figures.
- More employment brings boosts on aggregate demand and generate further growth as business will keep on trying to serve the whole demand.
- As demand grows it is quite likely that prices do so too, therefore economic growth would increase the inflation rate (not necessarily a problem if such growth is not too large and remains stable).
- Productivity increases and implementation of innovations make national firms more efficient and competitive in the international markets.
Correct answer choices are :
B) Many new nations in Latin America struggled to create a government and a stable economy.
C) James Monroe supported the independence movements and warned European nations to stay away.
Explanation:
Despite the belief delivered by Independence and the reliable attempts an instance of some of the officers of the new communities, the aims of the changes in justice and unity mostly went unfulfilled. The acute sense of Independence that had begun to victory over imperial overlords, would cause disputes between the new nations and defeat Simon Bolivar's visions of a Gran Columbia in South America. Soon after Independence, the spiritual reigns of government were seized by men who did not share the sense of justice that had inflamed the revolutions.
Answer:
A mandate is made by the governor, with the power given to them by the legislature in a state of emergency. Overall, a mandate has the same effect as a law. Health officers in the state have said everyone must comply with the Governor's mandate, which makes the mandate enforceable by health officers and police.
Explanation:
If they were still living, Carnegie and Rockefeller would have supported Net Neutrality.
<h3>What is Net Neutrality?</h3>
- Net neutrality is the idea that internet service providers must not be discriminatory in their dispensation of internet services. Andrew Carnegie was a popular American industrialist and philanthropist.
- He made waves in the steel and railroad industries and he founded the Carnegie Steel Company. Despite his great wealth, he indulged greatly in philosophy.
- John D. Rockefeller was another American who excelled in the petroleum industry. He was so rich that he once had 2% of the American economy's worth. He was also a philanthropist.
- Given the personalities of these individuals, they must have supported Net neutrality if they were still alive.
Learn more about net neutrality here:
brainly.com/question/12859325
It either A. France or D, Germany but I believed it D. Germany
