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Increase workers productivity substantially - PowerPoint PPT Presentation

Production and Growth

Production and Growth

Production and Growth. Economic Growth. Real GDP per person Living standard Vary widely from country to country Growth rate How rapidly real GDP per person grew in the typical year Because of differences in growth rates Ranking of countries by income changes substantially over time.

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344 views • 34 slides
Production and Growth

Production and Growth

12. Production and Growth. Economic Growth Around the World. Growth rate of real GDP over time Measures how rapidly real GDP per person grows over time Is the economy developing and how fast? Typically use average GDP growth rate over intervals of 5 or more years

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318 views • 22 slides
Production and Growth

Production and Growth

25. Production and Growth. Economic Growth Around the World. Real GDP per person Living standard Vary widely from country to country Growth rate How rapidly real GDP per person grew in the typical year

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335 views • 22 slides
Production and Growth

Production and Growth

12. Production and Growth. Economic Growth Around the World. Real GDP per person Living standard Vary widely from country to country Growth rate How rapidly real GDP per person grew in the typical year Because of differences in growth rates

★ ★ ★ ★ ★

373 views • 22 slides
Production and Growth

Production and Growth

17. Production and Growth. Economic Growth Around the World. Real GDP per person Living standard Vary widely from country to country Growth rate How rapidly real GDP per person grew in the typical year Because of differences in growth rates

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228 views • 22 slides

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