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Economic growth measures the: I. Growth of productivity II. Increase in nominal income III. Increase in output
Question

Economic growth measures the:
I. Growth of productivity
II. Increase in nominal income
III. Increase in output

A.

Only II

B.

Only I

C.

Only III

D.

All I, II, and III

Correct option is C


Economic growth is measured by an increase in output.

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