Economics A Level: What does Short Run Economic Growth measure/mean?
-How can it improve?

Question

What does Short Run Economic Growth measure/mean?
-How can it improve?

go kys · Accepted Answer

-Short Run is the % Chance in Real GDP 
-This is Actual Growth - Effect of Inflation has been Accounted for in the figure
-Caused by either Increases in AD or AS

Economics A Level

What does Short Run Economic Growth measure/mean? -How can it improve?

-Short Run is the % Chance in Real GDP -This is Actual Growth - Effect of Inflation has been Accounted for in the figure -Caused by either Increases in AD or AS

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