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26 November, 13:07

Economic growth is best defined as an increase in:

A. prices

B. output

c. demand

d. employment

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Answers (1)
  1. 26 November, 16:48
    0
    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.
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