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Causes of low economic growth

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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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User David Rasuli
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Answer:

Effect on living standards. ...

Pressure on public services and government borrowing.

increase in aggregate demand (AD).

User JFreeman
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