Economic growth may be defined as (a) an increase in national income from one year to another.

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Economic growth may be defined as

(a) an increase in national income from one year to another.

(b) an increase in real per capita income over a period of time.

(c) an increase in national income along with the population increase.

(d) all of the above.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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