Answer to Question #74245 in Macroeconomics for Omar
goal of policy makers?
2-What is the connection between long-run economic growth and a country’s standard of
living? Give at least three examples of living standard indicators and their development.
2. Long-term economic growth creates preconditions for the growing living standards. It becomes possible, since society gets morefinancial resources to increase these living standards. Three main living standards are lastitude of life, availability of education and health care
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