Ask Question
7 July, 14:59

Economic growth is best defined as an increase in: wealth in the economy. nominal gdp. either real gdp or real gdp per capita. total consumption expenditures.

+5
Answers (1)
  1. 7 July, 15:30
    0
    Either real GDP or real GDP per capita. This is because if you examine the aggregate demand and aggregate supply curves, an increase in output which is economic growth will lead to an increase in income or real GDP.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Economic growth is best defined as an increase in: wealth in the economy. nominal gdp. either real gdp or real gdp per capita. total ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers