Economy, asked by lakes9056, 1 year ago

The problem of the movement of the economy from one steady state to another is known as

Answers

Answered by SuperstarPiyush
4
Steady-state economy. A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time.
Answered by theking20
0

This problem of the economy is described using the concept of "Steady State Economy". This is the problem that a lot of economies around the world are facing.

A steady state economy can be described as a situation when the economy goes through minor fluctuations and attains a stable equilibrium.

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