Question

Which of the following BEST defines the term economic growth?

A.
an increase in available land resources
B.
a company that invests in additional physical capital
C.
an increase in an economy’s ability to produce goods and services
D.
an increase in the value of the goods produced within the economy


Please select the best answer from the choices provided

A
B
C
D

Answer 1

C-an increase in an economy’s ability to produce goods and services