benefits of an increase in GDP
Answers
Answered by
4
✓ Economic growth creates higher tax revenues, and there is less need to spend money on benefits such as unemployment benefit.
✓ Therefore economic growth helps to reduce government borrowing. Economic growth also plays a role in reducing debt to GDP ratios
ThankYou™ ❤️
Attachments:
Answered by
17
Answer:
Hola
Explanation:
It leads to the economic development ....
Increases the revenue ...
creates mote and more employment ....
♥♥♥♥
Similar questions