Ask Question
BusinessBusiness
28 November, 09:58

Why do economic growth rates matter? A. When a country sustains high growth rates, life expectancy at birth increases. B. High levels of sustained economic growth reduce infant mortality. C. High growth rates coincide with improved living standards. D. All of the above. E. A and C only.

+5
Answers (1)
  1. 28 November, 10:23
    0
    The correct answer is option D.

    Explanation:

    Economic growth can be defined as the increase in the goods and services being produced in a country. It means more income, GDP, production and employment.

    At high growth rates, life expectancy increases better medical facilities and better living conditions are available. The infant mortality rate is reduced. Higher growth rates imply a better standard of living. As the income of the people increase they experience a better life. The government also has more earnings to spend on better facilities and infrastructure,
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why do economic growth rates matter? A. When a country sustains high growth rates, life expectancy at birth increases. B. High levels of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is an indicator of increased economic growth in a nation?
Answers (1)
The designated market value:a. is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin. b. should always be equal to net realizable value. c.
Answers (1)
On a particular risky investment, investors require an excess return of 7 percent in addition to the risk-free rate of 4 percent. What is this excess return called?
Answers (1)
In the context of management functions, which of the following is true of planning? a. It is the last function of management. b. It involves monitoring progress toward goal achievement. c. It is one of the best ways to improve performance. d.
Answers (1)
Momentum Rollerblades has three product lines: D, E, and F. The following information is available: D E F Sales revenue $90,000 $40,000 $30,000 Variable costs (40,000) (10,000) (10,000) Contribution margin $50,000 $30,000 $20,000 Fixed costs
Answers (1)
New Questions in Business
Your brother has asked you for a loan and has promised to pay you $9,800 at the end of three years. If you normally invest to earn 6.
Answers (1)
A retail space was leased for $1,200 per month; the owner also pays the shopping center 8% of gross income which is $50,000 monthly. how much does the owner pay annually?
Answers (1)
Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary difference of $100,000 (taxed at 34 percent). During the year, Robinson reported pretax book income of $400,000.
Answers (1)
Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made last month. Where should they start the process?
Answers (1)
While working out at the gym you hear a group of individuals making obscene remarks about your body. You feel like you are being sexually harassed. Which of the following is a technique to deal with sexual harassment?
Answers (1)
Home » Business » Why do economic growth rates matter? A. When a country sustains high growth rates, life expectancy at birth increases. B. High levels of sustained economic growth reduce infant mortality. C. High growth rates coincide with improved living standards.
Sign Up Forgot Password?