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Which of these is the BEST example of economic growth? *

PPC Model

consumption makes up 2/3 of GDP

movement toward the origin of the PPC Model

change in output of +3%

less than 85% capacity and 95% employment

Respuesta :

Answer:

change in output of +3%

Explanation:

Economic Growth is the increase in level of economic activity, increase in level of goods & services produced in an economy.

So, the best  example of economic growth is 'change in output of +3%' as it illustrates the case given in above statement.

Consumption proportion, movement towards ppc origin (better efficient resource utilisation), better capacity & employment - are not the direct parameters of economic growth.  

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