The definition of economic growth is the annual percentage

A) increase in the per capita real GDP.
B) increase in the per capita nominal GDP.
C) increase in the total nominal GDP.
D) increase in total exports.

A

Economics

You might also like to view...

Why is urban giantism less prevalent in mature democracies?

What will be an ideal response?

Economics

________ gains from trade refer to the situation where, over time, international trade leads to an outward shift in a country's production possibility frontier

A) Static B) Dynamic C) Political D) Outward

Economics