Economic growth is BEST defined as
A)rightward shifts of the SAS curve.
B)rightward shifts of the AD curve.
C)increases in potential GDP.
D)decreases in potential GDP.

Name: Economic growth is BEST defined as A)rightward shifts of the SAS curve. B)rightward shifts of the AD curve. C)increases in potential GDP. D)decreases in potential GDP.
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Question

Quizplus · Accepted Answer

Economic growth is best defined as increases in potential GDP, which represents the economy's capacity to produce goods and services.

Economic Growth Is BEST Defined as