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Macroeconomic Concepts Quiz
Macroeconomic Concepts Quiz
Quiz
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Question 11
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How is economic growth defined according to economists?
A.
All of the above.
B.
The growth of a nation's capacity to produce output can be illustrated graphically by an outward shift of its production possibilities curve.
C.
An increase in real GDP per capita occurring over some time period.
D.
An increase in real GDP occurring over some time period.
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