When gross domestic product increases, what is the outcome for economic growth?

A) Aggregate output will increase.
B) The nation will experience a slowdown in growth.
C) Aggregate output will decrease.
D) Growth will remain steady when compared to developing nations.
E) Growth will decline based on the value of the national currency.

Answer: A
Explanation: A) Generally speaking, if GDP is going up, aggregate output is going up; if aggregate output is going up, the nation is experiencing economic growth.

Business

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