Question

What is the main cause of economic growth?

Answer 1

Answer:

Economic growth means there is an increase in national output and national income. Economic growth is caused by two main factors: An increase in aggregate demand (AD) An increase in aggregate supply (productive capacity)

Explanation:

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Answer 2

Answer:

Increase in aggregate demand (AD),

An Increase in aggregate supply (productive capacity)

Explanation:

Economic growth means an increase in real GDP. Economic growth means there is an increase in national output and national income.

Economic growth is caused by two main factors:

An increase in aggregate demand (AD)

An increase in aggregate supply (productive capacity)