jamalsanchez1460 jamalsanchez1460
  • 07-02-2020
  • Business
contestada

Economic growth is an increase in a nation’s output of goods and services over time. True or False

Respuesta :

BenitoMarin BenitoMarin
  • 10-02-2020

Answer:

The statement is: True.

Explanation:

Economic growth happens when an economy's market value of goods and services rises in one period compared with another. Economic growth is typically measured by looking into an economy's Gross Domestic Product (GDP). Nonetheless, due to inflation, economists and analysts frequently tend to calculate economic growth through the annual percentage change in real GDP and percentage change in per capita GDP per year.

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