A country not having achieved a high level of economic development
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Answer:
A rise in aggregate demand
Lower interest rates – reduce the cost of borrowing and increase consumer spending and investment. Increased real wages – if nominal wages grow above inflation then consumers have more disposable to spend. Higher global growth – leading to increased export spending.
Explanation:
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Answer:
Top 10 Countries by GDP (PPP)
GDP-PPP Rank Country
GDP-PPP in USD trillions
(2017 est.)
1
China
$23.16
2 United States $19.39
3 India $9.47
4 Japan $5.43
5 Germany $4.17
6 Russia $4.00
7 Indonesia $3.24
8 Brazil
$3.24
9 United Kingdom $2.91
10 France $2.83
Explanation:
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