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28-11-2020
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Causes of low economic growth

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28-11-2020

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Effect on living standards. ...

Pressure on public services and government borrowing.

increase in aggregate demand (AD).

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28-11-2020

A rise in unemployment If productivity is growing at 3% a year, then new technology will enable firms to produce more output with fewer workers. ...

Effect on living standards. ...

Pressure on public services and government borrowing.

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