vapd sapling learning Many economists think that long-run economic growth is imp

Question

vapd sapling learning Many economists think that long-run economic growth is important for the welfare of a nation. Classify the statements below regarding long-run economic growth as true or false. True False A nation with a shrinking population cannot experience long-run economic growth. Long-run economic growth s often a result of increases in productivity. An economy that has experienced long-run economic growth has avoided painful recessions. There has been more long-run economic growth in the last 100 years than occurred Long-run economic growth can be measured with Long-run economic growth is often a direct result of per capita GDP. expansionary monetary policy.between the years 1000 and 1700.

Explanation / Answer

all are true

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