Economic Growth 0.0 / 5 ? EconomicsEconomic GrowthASOCR Created by: shaimaxx98Created on: 03-03-15 18:39 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 income,investment, confidence 3 of 5 Disadvantages of Economic Growth inflation, income inequality, negative externalites 4 of 5 Factors that shift LRAS labour force increase, labour skills increases, capital stock increase, technology 5 of 5
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