_________ is basically defined as an increase in a particular country's real GDP.
A)Economic growth
B)Expenditure
C)Circular flow
D)Business cycle

Question

Quizplus · Accepted Answer

Economic growth is basically defined as an increase in a particular country's real GDP.
Key Takeaway: Gross domestic product is the market value of all the final goods and services that is produced by an economy within a given period of time. Remember not to confuse gross domestic product with gross national product, which refers to the market value of all of the final goods and services produced with a particular country's resources-even if the resources or producing firms are not located in that country.

_________ Is Basically Defined as an Increase in a Particular