Economic Growth 0.0 / 5 ? EconomicsEconomic GrowthASOCR Created by: shaimaxx98Created on: 03-03-15 17:39 Economic Growth short run an increase in real gdp 1 of 5 Economic Growth long run an increase in productive capacity 2 of 5 Advantages of Economic Growth Job creation, increase in wealth, income,investment. confidence positive multiplier effect 3 of 5 Disadvantages of Economic Growth income inequality, inflation, negative externalites, greater borrowing 4 of 5 Factors that shift LRAS labour force increa 5 of 5
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