Comparison Of Rates Of Growth Between Countries And Over Time Flashcards
1
Q
What are cross-country comparisons?
A
Comparing growth rates between countries helps assess relative economic performance
2
Q
What does cross-country comparisons reveal?
A
It can reveal disparities in development and highlight factors contributing to growth
3
Q
What are the long term trends?
A
Examining growth rates over time reveals economic patterns and trends
4
Q
What can long-term analysis do?
A
It can identify periods of economic expansion, recession, or stagnation
