What is the steady state condition in economy 2024?
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Studied at the University of Toronto, Lives in Toronto, Canada.
A steady-state economy is an economy consisting of a constant stock of physical wealth (capital) and a constant population size. ... The term typically refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world.
2023-05-06 05:39:20
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A steady-state economy is an economy consisting of a constant stock of physical wealth (capital) and a constant population size. ... The term typically refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire world.