Economic growth is defined as equal to the increase in

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Economic growth is typically measured by the increase in real GDP (gross domestic product), which represents the total value of goods and services produced within a country's borders in a given year. Employment and population may be factors that contribute to economic growth, but they do not necessarily determine it. The price level and inflation rate are indicators of price changes, but not necessarily indicators of overall economic growth.

Economic Growth Is Defined as Equal to the Increase in