Economic Growth refers to the expansion of a countries productive possibilities. Economic growth is measured by changes in real GDP. The level of increasing economic growth will determine, to a large extent, people's incomes and living standards in a country. Macroeconomic theory which involves the ...
Spartacus, a saddened man from the country of Xanadu, was nice enough to sit down with me and discuss his concerns about his lackluster government. Like many others in his country, he has been unemployed for over a year and is frustrated with the lack of government intervention to combat the five ye...