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Factors like birth rate, inflation rate, interest rate, and employment rate play crucial roles in impacting economic growth.
Birth rate: Population growth impacts the economy, affecting factors like labor supply and GDP.
Inflation rate: Inflation can influence economic growth by eroding purchasing power.
Interest rate: Changes in interest rates can impact borrowing and investment decisions, influencing economic growth.
Employment rate: The level of employment affects consumer spending and overall economic performance.
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