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25 April, 05:34

What is the definition of economic growth?

A.

an increase in the amount of money remitted by foreign workers to their native country

B.

the average annual rate at which the gross revenue of all commercial organizations grows

C.

a rise in the total amount of goods and services produced within the borders of a nation

D.

a change in the economic value of the skills and knowledge of a nation's employees

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Answers (2)
  1. 25 April, 05:44
    0
    c. an increase in the amount of goods and services produced per head of the population over a period of time.
  2. 25 April, 08:35
    0
    A and B are incorrect
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