4.6.2 Measurement of economic growth
Unit 4.6.2 - Measurement of economic growthThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand real gross domestic product (GDP) and how it can be used to measure economic growth. Students also need to understand GDP per head (or GDP per capita).Recall that economic growth is a measure of the change in a country"s level of economic activity, as measured by the total demand for...
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