Question

explain of slow economic growth​

Answer 1

Economic growth means an increase in national income/national output. If we have a slower rate of economic growth – living standards will increase at a slower rate. ... However, since the early 2000s, growth rates have slowed down. This process of slower economic growth is sometimes known as 'secular stagnation.

Answer 2

Answer:

✎Economic growth means an increase in national income/national output. If we have a slower rate of economic growth – living standards will increase at a slower rate. ... However, since the early 2000s, growth rates have slowed down. This process of slower economic growth is sometimes known as 'secular stagnation.

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