2007-07-20 15:50:49 · 5 answers · asked by C.Domini 2 in Social Science ➔ Economics
there are so many variables and factors to consider. anything that is positive is good. however even growth is being controlled, an economy wouldn't want to post too much growth in successive years as this can over heat the economy. developed countries 1.5 to 3.5% ,developing coountries 5<12%
2007-07-21 03:34:50 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The US averages about 3% real GDP growth annually. In many other industrialized countries (Western Europe, Japan) 1% is acceptable and 2% is good. Much of this difference comes from a more flexible labor market in the US (which also averages lower unemployment than other industrialized nations) and stagnant population growth of Japan and European countries, to the point where some places are seeing a decline in population of working age adults.
Developing countries usually average higher growth rates than industrialized ones. 5-7% is normal in these cases.
2007-07-21 01:35:54 · answer #2 · answered by Colin H 2 · 0⤊ 0⤋
if its an advanced economy 1 or 2 is considered gud
if its a growing economy anything between 5 to 8% is considered gud
2007-07-20 22:58:47 · answer #3 · answered by Spark 2 · 0⤊ 0⤋
anything under 20% is good. If over 20% then it could go into a recession
2007-07-20 23:00:23 · answer #4 · answered by sycamoregirl 1 · 0⤊ 0⤋
At least 5 to 10 percent baby!!! At least 5 to 10 percent, right into space!!!!!!!!!!!!!! Pow, straight to the moon!!!!!!!!
2007-07-20 23:00:25 · answer #5 · answered by endpov 7 · 0⤊ 0⤋