Economic Growth
The
economy of a nation requires{{U}} (46) {{/U}}. Total output must grow if
the country is to absorb about 1.5 million new workers who enter the labor force
each year and more workers who are replaced each year as a form of technological
change. If the nation produced the same level of output each year,instead of
increasing it,people would have fewer jobs,growing unemployment,and a decline in
the per-capita(人均的)income of the nation. To maintain or increase the existing
standard of living and to prevent unemployment from rising,{{U}} (47)
{{/U}}. Higher rates of employment and substantial per-capita output gains
seem to occur when the real economic growth rate is over 3%, as it was in the
years 1983 through 1988. Recent experience shows that, with a real growth rate
of less than 2.5%,the U.S. economy suffers from{{U}}