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Answer to Question #309845 in Microeconomics for Vuvu
Question #309845
measure (8) of economic growth
Expert's answer
measure (8) of economic growth
The following are measures of economic growth:
- Economic growth – real GDP growth.
- Inflation
- Unemployment – the target of full employment
- Current account – satisfactory current account.
- Government borrowing/national debt
- Real disposable incomes
- Income inequality (Gini coefficient)
- Labor productivity
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