Economic growth is:

Question

Economic growth is:

Quizplus · Accepted Answer

Economic growth is typically measured by changes in real GDP, as it reflects the total value of goods and services produced by a country over a given period of time. While economic growth can have an impact on the quality of life for all sectors of society, it is not solely about the quality of life. It can also lead to income inequality and leave some individuals in poverty. Similarly, while economic growth requires available resources, it is not a measurement of available resources.

Economic Growth Is