Economic growth is measured by changes in _____.

Question

Quizplus · Accepted Answer

Economic growth is typically measured by changes in real GDP per capita, which takes into account both changes in the overall size of the economy (measured by nominal GDP) and changes in population. This provides a more accurate representation of the standard of living and economic well-being of a country's citizens. Changes in the supply of money, unemployment rate, and inflation rate are important economic indicators, but they are not necessarily direct measures of economic growth.

Economic Growth Is Measured by Changes in _____