An increase in output or real GDP is
A)The inequality trap.
B)Productivity growth.
C)Economic growth.
D)The Millennium Poverty Goal.

Name: An increase in output or real GDP is A)The inequality trap. B)Productivity growth. C)Economic growth. D)The Millennium Poverty Goal.
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Question

Quizplus · Accepted Answer

Economic growth refers to an increase in output or real GDP (Gross Domestic Product) over time. It is represented by the increase in the value of goods and services produced within an economy.

An Increase in Output or Real GDP Is