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Economic growth takes place when a country
produces a steady number of automobiles.
has a high unemployment rate.
measures its gross domestic product (GDP).
produces more goods and services.
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Answered by
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produces more goods and services.
Explanation: Economic growth means an increase in a country’s real output over time (usually measured by rising real GDP), i.e., producing more goods and services — not just measuring GDP, having high unemployment, or steady production.
Explanation: Economic growth means an increase in a country’s real output over time (usually measured by rising real GDP), i.e., producing more goods and services — not just measuring GDP, having high unemployment, or steady production.
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