The economic growth rate is expressed as the

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The economic growth rate is typically expressed as the annual percentage change of real GDP, which reflects the increase in the total value of goods and services produced in an economy over a specific period adjusted for inflation. This measure is preferred over nominal GDP because it accounts for changes in prices and provides a more accurate picture of real economic growth. Option A is incorrect because it specifies "per person" which is not necessary to measure economic growth rate. Option B subtracts growth rate of population which is not standard practice for measuring growth rate. Option C refers to the overall level of prosperity or quality of life in a country, which can be influenced by many factors beyond economic growth rate. Option E refers to the annual change in the number of people living in a place and is not directly related to economic growth rate.

The Economic Growth Rate Is Expressed as the