Modern economic growth
A)started occurring during the time of the Roman Empire.
B)has been experienced by all countries around the world.
C)refers to the phenomenon when a country's total output rises.
D)makes a country's output per person rise at a compounded rate.

Question

Quizplus · Accepted Answer

Modern economic growth is characterized by a sustained increase in output per person, often measured as GDP per capita, which grows at a compounded rate over time.

Modern Economic Growth