About ________ percent of the total economic output of the united states derives from the output of the knowledge and information sectors of the economy. 15 85 65 55 20

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28-07-2022
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About ________ percent of the total economic output of the united states derives from the output of the knowledge and information sectors of the economy. 15 85 65 55 20

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rafikiedu01 rafikiedu01 · Answer 1 · 2022-08-05T13:43:51+02:00

About 20 percent of the total economic output of the united states derives from the output of the knowledge and information sectors of the economy.

Economics is concerned with scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and many other important and complex issues affecting society. A study on how it affects

Economics is defined as the science of producing, distributing, selling, and purchasing goods and services. An example in economics is the study of the stock market.

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ahmadfardeen571 ahmadfardeen571 · Answer 2 · 2022-08-05T16:49:48+02:00

About 20 percent of the total economic output of the United States derives from the output of the knowledge and information sectors of the economy.

America has one of the global's wealthiest and most diversified economies, led by way of an exceptionally effective services quarter, advanced production, and international-class research and improvement.

The forecast is that the 2022 real GDP increase will be available at 1.7 percent yr-over-year and that 2023 growth will sluggish to 0.5 percent 12 months-over-year. At the same time as we no longer consider America's financial system is currently in a recession, we're downgrading our growth expectations for Q2 2022 from 1.9 percent (QoQ, SAAR) to 0.8 percent.

This is the result of many elements: wealth, a subculture and economy that encourage innovation, schooling, full-size nation- and personal-funded research programs, and a political lifestyle that has lengthy attracted noticeably educated migrants.

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