What is a simple way of describing cost benefit anyalysis
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Ответ:
Ответ:
Economic growth is defined as an increase in a nation's production of goods and services. An example of economic growth is when a country increases the gross domestic product (GDP) per person. The growth of the economic output of a country. As a result of inward investment Eire enjoyed substantial economic growth.
Explanation:
Heres another example, "If the Central Bank cut interest rates, this would provide an incentive for firms to invest (borrowing would now be cheaper). This investment is a component of AD and AD will rise. With higher investment, more people will be employed, and there is a purchase of raw materials."
Hope this helps! <3