10 Questions
Which one of the following best defines economic growth?
An increase in the capacity of an economy to produce goods and services
What is the economic growth rate?
The rate at which the real GDP of a country increases over a period of time
What does economic growth measure?
Economic performance in terms of value of income, expenditure, and output
How can a higher economic growth rate be achieved?
Increasing the amount of factors of production and their productivity
Why is measuring real income in developing countries not simple?
Because there are various factors to consider
What should you do to take care of the textbook?
Keep it in a clean dry place
What is the ownership status of the textbook?
It is the property of your school
What are some examples of protective materials mentioned in the text?
Plastic, old newspapers, or magazines
What grade level is the textbook intended for?
Grade 12
How many ideas are provided in the text to help take care of the book?
10
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