The Money Farm Team

How To Increase GDP Growth?

AD stands for aggregate demand (consumer spending, investment levels, government spending, exports-imports) AS stands for aggregate supply (Productive capacity, the efficiency of economy, labour productivity) To increase economic growth 1. An increase in total demand Lower interest rates lower borrowing costs and boost consumer spending and investment. Increased real wages when nominal salaries rise faster

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How Does Recession Affect Insurance Companies?

The continual influx of premium payments is how an insurance business creates money. Insurance agents are frequently commission-based employees who receive a percentage of the premiums collected for the organization as a whole. During a recession, insurance companies may see a decline in premium collections as a result of clients cutting back or shrinking their

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