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polet [3.4K]
3 years ago
9

Tabulate the difference between economic growth and economic development​

Social Studies
1 answer:
guapka [62]3 years ago
6 0

Answer:

Economic growth means an increase in real national income / national output. Economic development means an improvement in the quality of life and living standards, e.g. measures of literacy, life-expectancy and health care. Ceteris paribus, we would expect economic growth to enable more economic development.

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Thaddeus will play a violin solo at his school tomorrow. his musical performance is likely to be "best" if his physiological arousal during the performance is "moderate".



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3 years ago
Which of the following is an aggregate?
tamaranim1 [39]

Answer:

A. the total production of all goods and services

Explanation:

<u>Aggregate is the term for the sum of things that are separate elements but which together represent the whole, unionized structure. </u>

This is why the separate elements of production, goods, and services which are considered the complete end product of the work are representing aggregate in the group of choices. All other options are either complete sums with no elements or elements that do not form an unionized product or sum.

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3 years ago
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People who live in apartment buildings across from a football stadium are able to watch football games from the balconies of the
Jlenok [28]

<u>Answer:</u>

For those people watching football games from their home without spending money on tickets, football for them is nonrival and nonexcludable.

Option: (D)

<u>Explanation:</u>

  • Non rival means the consumption of service by consumer without avoiding others to use it.
  • Like the football match watching from balcony they are not preventing any other users from watching it.
  • Similarly nonexcludable also means the goods or service which cannot be excluded to the people by the use of one consumer, as in case of the match viewer from balcony.
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3 years ago
Which of the following best describes a typical liberal arts college?
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Answer:

C

Explanation:

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2 years ago
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