📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A rise either in real output (GDP) or in real output per

    capita is named __ ?
    A Economic development Correct Answer Incorrect Answer
    B Economic efficiency Correct Answer Incorrect Answer
    C Economic growth Correct Answer Incorrect Answer
    D Growth rate Correct Answer Incorrect Answer

    Solution

    Economic growth is a sustained increase in real GDP per capita over time

    Practice Next

    Relevant for Exams:

    ask-question