This is the increase in the productivity of a country which can be seen in the continued increase in the national income over a period of years.
It can be measured by taking the average percentage of increase in national income over a period of time (number of years) and be assumed to be the average rate of economic growth in the country
Vicky001 answered the question on September 24, 2017 at 20:16
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What are the benefits that a consumer gets from warehousing?
(Solved)
What are the benefits that a consumer gets from warehousing?
Date posted:
September 24, 2017
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Kamau would wish to join a local savings and credit society. Highlight the benefits he will get from it.
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Kamau would wish to join a local savings and credit society. Highlight the benefits he will get from it.
Date posted:
September 24, 2017
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Outline the features of credit sale
Date posted:
September 24, 2017
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Outline reasons that will make a seller to write a proforma invoice.
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Outline reasons that will make a seller to write a proforma invoice.
Date posted:
September 24, 2017
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Highlight the service given to the producer by the retailer.
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Highlight the service given to the producer by the retailer.
Date posted:
September 24, 2017
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E-commerce is a recent trend in business. Outline the advantages of using this method in carrying out business activities.
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E-commerce is a recent trend in business. Outline the advantages of using this method in carrying out business activities.
Date posted:
September 24, 2017
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Highlight trends in office management.
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Highlight trends in office management.
Date posted:
September 24, 2017
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Distinguish between centralized and decentralized filing systems.
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Distinguish between centralized and decentralized filing systems.
Date posted:
September 24, 2017
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Explain five Features of oligopoly
(Solved)
Explain five Features of oligopoly
Date posted:
September 23, 2017
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(Solved)
Explain five ways through which a public limited company may be dissolved
Date posted:
September 23, 2017
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Explain circumstances under which a trader may use air transport
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Explain circumstances under which a trader may use air transport
Date posted:
September 23, 2017
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List five advantages of advertising to the consumer
(Solved)
List five advantages of advertising to the consumer
Date posted:
September 23, 2017
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Explain Benefits that may be realized by a country as a result of government policy to relocate industries to rural areas
(Solved)
Explain Benefits that may be realized by a country as a result of government policy to relocate
industries to rural areas.
Date posted:
September 23, 2017
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Answers (1)
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List five Factors that may hinder economic development in Kenya
(Solved)
List five Factors that may hinder economic development in Kenya
Date posted:
September 23, 2017
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Answers (1)
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List five benefits that Kenya may get as a member of COMESA
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List five benefits that Kenya may get as a member of COMESA
Date posted:
September 23, 2017
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Explain six Characteristics of an efficient tax system
(Solved)
Explain six Characteristics of an efficient tax system
Date posted:
September 23, 2017
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List five benefits that may accrue to a country with a large proportion of skilled labour force
(Solved)
List five benefits that may accrue to a country with a large proportion of skilled labour force
Date posted:
September 23, 2017
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Answers (1)
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Give Reasons for privatizing public corporations.
(Solved)
Give Reasons for privatizing public corporations
Date posted:
September 23, 2017
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Answers (1)
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Highlight five Factors that a trader may consider when choosing a means of transport
Date posted:
September 23, 2017
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Give a list of Circumstances in which the government may be involved in business
(Solved)
Give a list of Circumstances in which the government may be involved in business
Date posted:
September 23, 2017
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Answers (1)