fatsoelg fatsoelg
  • 26-02-2020
  • Social Studies
contestada

Which of the following are used by economists to define and measure economic growth?

Respuesta :

oreoluwa2001ng
oreoluwa2001ng oreoluwa2001ng
  • 26-02-2020

Answer:

Explanation: Economic growth is an increase in the production of goods and services over a specific period. It can also be defined as an increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It can be measured as a percentage increase in real gross domestic product. It can also be measured as the total income earned by the people of a country via their involvement in an economy's production process.

Answer Link

Otras preguntas

what does it mean when the slope is undefined??​
on his fishing trip Justin takes the boat 12km south.the fish aren't biting so he goes back North 4km. what is the distance did he cover and what was his displa
PLEASE HELP I WILL GIVE YOU 15 POINTS. WARNING 8TH GRADE MATH! The Sparkling Pool Company supplies the graph below to each of its new clients. The graph shows
How do u subtract mixed numbers
Place the steps of the hero's journey in the order that they occur.
If 1 1/2 cups od something fills 2/3 of a container how many cups fill the container
How Did The Ming Dynasty Form
Both animals and fungi are heterotrophic. What distinguishes animal heterotrophy from fungal heterotrophy is that most animals derive their nutrition by _______
Compute: 5 ∙ (2 + 3i)
f(x) = x2 + 4x − 6 f(x) can be written in the form (x + m)2 + n. Find the value of m and the value of n.