Economic growth takes place when there is an increase in
ECONOMICS
JAMB 2008
Economic growth takes place when there is an increase in
- A. savings over time
- B. investment over time
- C. population over time
- D. output over time
Correct Answer: D. output over time
Explanation
Economic growth is an increase in the production of economic goods and services, compared from one period of time to another. Economics growth occurs when there is an increase in the production of goods and services in an economy
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