Economic growth is
A) an increase in the per person real production in a nation.
B) an increase in stock market values.
C) an increase in real estate values.
D) an increase in the number of people employed in agriculture.

Question

Quizplus · Accepted Answer

Economic growth is the increase in the per person real (adjusted for inflation) production in a nation, also known as gross domestic product (GDP) per capita. B, C, and D are all measures that may or may not reflect economic growth, but they are not the definition of economic growth itself.

Economic Growth Is