68.0k views
1 vote
What is meant by the term "economic growth"? rapid inflation rapid deflation a plateau in GDP consistent growth in GDP 2.

1 Answer

2 votes

The answer is : Consistent growth in GDP. Economic Growth is the increase in the market value of the goods and services produced by an economy over time. In order to assess economic growth it must be measured. It is the percentage rate of increase in real gross domestic product (GDP).

User JarkkoL
by
5.4k points