Question

1. How can economic growth be explained separately? Try to analyze the factors affecting economic growth from two different angles of demand side and supply side.

Answer 1

ANS :   if most When the full employment level of output increases it doesn't and economic growth, as well as it is economic growth. because Economic growth is an increase in capacity. If the capacity of the economy increases for example, there is more capital or more human capital, then the output of an economy increases.

​​​​​if most important Policies that support demand-side economics are focused less on the wealthy and more on the lower and middle classes. as well as While supply economists a government of the free market, demand-side economists expect a more active government. if Demand and supply economics refer to Keynesian economists' belief that demand for goods and services drive economic activity . A demand and supply characteristic of demand economics is aggregate demand.

answered by: anonymous