Buy custom World Bank to raise Africa infrastructure spending
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Business
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| Number of pages / Number of words: |
3 / 658 |
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It is not necessary for them to produce more but in the long run, they will be encouraged to produce more to increase the profit they once achieved. This will cause more output and thus will cause economic growth.
Aggregate demand1 can shift to the right to Aggregate Demand2 to cause and increase in the economic growth rate...
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If there is a decrease in the savings, or an increase in the investment, the Aggregate supply curve shifts to the right which will eventually increase the level of income. This in itself is economic growth.
In the vicious poverty cycle, the poor people revolve around Low income which makes them Save less and also makes them invest less...
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