Question

The growth of economy is indicated by an
Increase in general prices
Increase in national income
Increase in savings
Increase in investment

Answer 1

increase in national income

Answer 2

Answer:

Increase in investment

Explanation:

It is a quantitative measure that shows the increase in the number of commercial transactions in an economy. Economic growth can be expressed in terms of gross domestic product (GDP) and gross national product (GNP), which help measure the size of the economy.Economic growth refers to the increase in the value of everything produced in the economy. It refers to the annual increase in GDP or GNP of a country in percentage terms. This indicates a significant increase in the per capita national product over a period.The increase in the GDP per capita of a country is called economic growth. Economic growth refers only to the amount of goods and services produced.

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