Economic Output Growth Value
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- It can range from being a Positive Economic Growth to being a Neutral Economic Growth to being a Negative Economic Growth.
- It can range from being an Annual Economic Output Change Value to being a Quarterly Economic Output Change Value to ...
- It can range from being a Global Economic Output Value to being a National Economic Output Value to being a Provincial-State Economic Output Value to being a Municipal Economic Output Value to being a Household Economic Growth Value.
- It can range from being a Total Economic Output Change Value to being a per Capita Economic Output Change Value.
- It can be used to indicate a Growing Economy, to indicate a Neutral Economy, and to indicate a Shrinking Economy (e.g. an economic recession).
- See: Economic Measure, Business Cycle, Aggregate Economic Demand.
- "Thomas Piketty interviewed by The European." 12.12.2014
- QUOTE: T. Piketty: … I am confident that innovations will enable us to grow sustainably but we should not be as naïve as to believe that growth will solve all our problems.... we must discard the dogmatic idea that growth will or must pass the 5% mark. Growth rates in the future will very likely be as low as the rates we had over the last decades, ranging between 1% and 2%. As I stress in my book, the chasm between the rate of return on capital and the rate of economic growth is therefore likely to grow. …