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1. How is economic growth measured? Why is economic growth important for any country? 2. In the aftermath of 'The Great Recession' , how would
1. How is economic growth measured? Why is economic growth important for any country?
2. In the aftermath of 'The Great Recession', how would you describe the economic growth scenario for the U.S. economy? Also, relate that to the current COVID-19 pandemic scenario for the economy. Explain your answers.
3. Is economic growth impacted by prevailing employment/unemployment levels in the economy? Explain.
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