The Main Measure of Growth in an Economic System Is

question 105

Short Answer

The main measure of growth in an economic system is
the business cycle.
standard of living.
gross national product.
gross domestic product.
aggregate output.

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Definitions:

Credit Bureaus

Agencies that collect and maintain individual credit information for issuing credit scores and reports to potential creditors.

Receivables Policy

A set of practices a company uses to manage its accounts receivable, which includes how it extends credit and collects debts.

Due Dates

Specific dates by which obligations, such as bill payments or assignments, must be fulfilled or submitted.

Trade Credit

It is a type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.