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Answer to Question #309845 in Microeconomics for Vuvu

Question #309845

measure (8) of economic growth


1
Expert's answer
2022-03-11T08:30:43-0500

measure (8) of economic growth

The following are measures of economic growth:

  1. Economic growth – real GDP growth.
  2. Inflation
  3. Unemployment – the target of full employment
  4. Current account – satisfactory current account.
  5. Government borrowing/national debt
  6. Real disposable incomes
  7. Income inequality (Gini coefficient)
  8. Labor productivity

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