Causes of low economic growth

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asked Jul 18, 2021 11.1k views

2 Answers

David Rasuli · Answer 1 · 2021-07-20T10:02:11+0000

A rise in unemployment If productivity is growing at 3% a year, then new technology will enable firms to produce more output with fewer workers. ...

Effect on living standards. ...

Pressure on public services and government borrowing.

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JFreeman · Answer 2 · 2021-07-25T12:16:54+0000

Answer:

Effect on living standards. ...

Pressure on public services and government borrowing.

increase in aggregate demand (AD).

Causes of low economic growth

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