Economic growth is best defined as an increase in:

A. prices

B. output

c. demand

d. employment

Question

Social Studies

Starbuck

4 November, 02:02

Economic growth is best defined as an increase in:

A. prices

B. output

c. demand

d. employment

+4

Answers (1)

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Lewis Davies · Answer 1

Economic growth is best defined as an increase in: either real GDP or real GDP per capita ... If a nation's real GDP increases from 100 billion to 106 billion and its population jumps from 200 million to 212 million, its real GDP per capita will: remain constant.

Economic growth is best defined as an increase in:A. pricesB. outputc. demandd. employment

Economic growth is best defined as an increase in:

A. prices

B. output

c. demand

d. employment