What is economic growth?

What will be an ideal response?

Economic growth refers to the ability of the economy to increase the production of goods and services.

Economics

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Incentive contracts typically result in higher risk-related compensation to agents on average,

a. even so, they are always worth it b. this does not affect their desirability c. as a consequence, they may cost more than the problem they solve d. therefore, they are never worth it

Economics

Those who simultaneously buy and sell currency to take advantage of exchange rate differences are called

a. speculators b. hedgers c. entrepreneurs d. arbitrageurs e. underwriters

Economics