Why do economic growth rates matter? A. When a country sustains high growth rates, life expectancy at birth increases. B. High levels of sustained economic growth reduce infant mortality. C. High growth rates coincide with improved living standards. D. All of the above. E. A and C only.

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Business

Eve Schroeder

11 October, 04:30

Why do economic growth rates matter? A. When a country sustains high growth rates, life expectancy at birth increases. B. High levels of sustained economic growth reduce infant mortality. C. High growth rates coincide with improved living standards. D. All of the above. E. A and C only.

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Answers (1)

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Chump · Answer 1

The correct answer is option D.

Explanation:

Economic growth can be defined as the increase in the goods and services being produced in a country. It means more income, GDP, production and employment.

At high growth rates, life expectancy increases better medical facilities and better living conditions are available. The infant mortality rate is reduced. Higher growth rates imply a better standard of living. As the income of the people increase they experience a better life. The government also has more earnings to spend on better facilities and infrastructure,