Economic Growth Is Defined as a Process of

question 104

Multiple Choice

Economic growth is defined as a process of

• A) steady increase in the price of goods and services produced in the economy.
• B) steady increase in the quantity and quality of goods and services the economy can produce.
• C) constant increase in the quantity and quality of goods and services the economy can produce.
• D) constant increase in the price and quality of goods and services the economy can produce.
• E) constant increase in the number of jobs needed to produce the goods and service in the economy.