AB 204 Week 6 Discussion 1 | Assignment Help | Kaplan University
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- 21 Aug 2018
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AB 204 Week 6 Discussion 1 | Assignment Help | Kaplan University
Unit 6 Discussion Topic 1
Long Term Economic Growth
The Discussion topics focus on the long term economic growth, and the specific discussion areas measuring economic growth, natural resources and economic growth, the role of government and the roles of saving, investment and financial system in economic growth.
Read Chapters 12 and 13, and remember to include references and links to the websites that are important contributors to your posts (comments).
The long-run growth is measured as the increase in real GDP per capita and this measure has changed over time and it also varies across countries. A country’s standard of living depends on its ability to produce goods and services (productivity).
a. How do we measure the long-term economic growth of a country? What are the key determinants of long-run economic growth?
b. What is the relationship between economic growth and productivity? What is the major source of growth in labor productivity?
USA 
India
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