English
Syllabus

______ refers to the annual percentage increase in real national income during that period. -

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Question

______ refers to the annual percentage increase in real national income during that period.

Options

  • Rate of national income

  • Rate of growth

  • None

  • Rate of development

MCQ
Fill in the Blanks

Solution

Rate of growth

Explanation:

The real economic growth rate is a percentage that represents the rate of change in a country's GDP from one period to the next, usually one year to the next.

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