Economics WAEC

Economic growth specifically refers to the?

A. reliance on imported goods in preference to home-made goods
B. sustained increase in the output of goods and services per head
C. change in technical and institutional arrangement of the economy
D. continued to increase in the depletion of a country’s natural resources
E. increase in the total number of people in the economy

Correct Answer:

Option B – sustained increase in the output of goods and services per head

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