An increase either in real output (GDP) or in real output per capita is called___________________?
A. Economic development
B. Economic growth
C. Growth rate
D. Economic efficiency
A. Economic development
B. Economic growth
C. Growth rate
D. Economic efficiency
A. Dumg
B. Subsidy
C. Inflation
D. Monopoly
A. Utility
B. Worth
C. The point of satiety
D. All of these
Power of a good/ service to satisfy human desire/want is called____________________? Read More »
Agricultural economics A. GDP
B. NNp
C. NDP
D. GNP
A. Gross income
B. Net income
C. Personal income
D. None of above
A. Adam Smith
B. Marshall
C. Robins
D. Marks