Economic growth is defined as a process of
A) steady increase in the price of goods and services produced in the economy.
B) steady increase in the quantity and quality of goods and services the economy can produce.
C) constant increase in the quantity and quality of goods and services the economy can produce.
D) constant increase in the price and quality of goods and services the economy can produce.
E) constant increase in the number of jobs needed to produce the goods and service in the economy.
Correct Answer:
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