3.1 - economic growth Flashcards by Anaiya Varsani | Brainscape

Q

economic growth

A

the groth in output of the economy over time

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Q

GDP (gros domestic product)

A

the total value of goods an dservices produced in the country in a period of time

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Q

GDP per capita

A

the GDP vaalue divided by total population of a country to find average income

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