The variable used to measure economic growth is
A) the growth of the money supply.
B) the trade surplus.
C) the growth in per capita real GDP.
D) the number of new jobs created.

Question

Quizplus · Accepted Answer

Economic growth is typically measured by the growth in per capita real GDP, which takes into account both changes in the overall size of the economy and changes in the general price level. The growth of the money supply and trade surplus can be important indicators of economic performance, but they are not direct measures of growth. The number of new jobs created can also be a useful indicator of economic health, but it does not necessarily reflect changes in overall output or productivity.

The Variable Used to Measure Economic Growth Is