Question

lower capital formation leads to lower rate of GDP growth. comment​

Answer 1

Answer:

true

Explanation:

Capital in a firms represents the economy of that country. Capital can be generated through various ways such as trade, business and etc. When there is incoming of proper capital in a country, its economy boosts and the price of rupee increases which means that the GDP of the country also increases. An increases GDP is important for the growth and prosperity of a country,

 

Answer 2

Answer: This statement is True

Explanation: As economy of the country depends upon capital of the firm. Capital of the firm can be generated through business,trade etc. And when the economy of the company is good then automatically economy of the country will also boost by which value of money will also be increasing. By this GDP of the country will automatically increase. Increase in the GDP of the country is very beneficial for the country in its growth.