Economic growth is,by definition,an increase in the
A) ability to produce goods.
B) number of participants in the workforce.
C) demand for goods.
D) average citizen's standard of living.
E) average worker's salary.

Question

Quizplus · Accepted Answer

Economic growth is defined as an increase in the ability of an economy to produce goods and services, compared from one period of time to another. It is typically measured by the increase in real GDP.

Economic Growth Is,by Definition,an Increase in the