120k views
0 votes
Economic growth is _____.

A.) the GDP's peak, or highest point
B.) a continual increase in the GDP
C.) the same as the GDP

2 Answers

2 votes
economic growth is B. a continual increase in the gdp
User Nandeep Mali
by
9.0k points
4 votes

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.

The correct answer is B: A continual increase in the GDP.

User Mannan Bahelim
by
8.0k points

Related questions