Answer to Question #129565 in Macroeconomics for Lebo

Question

5.1


Explain briefly what the national accounts are.

(2)



Q.5.2
Argue whether the real rate of growth in South Africa is acceptable.

(3)






Q.5.3
Briefly explain whether you consider real GDP a better measure of economic growth than nominal GDP.
(2)





Q.5.4
Research and provide suggestions for how economic growth can be improved in South Africa.

Answer 1

Dear Lebo, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order