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Available online 18 September 2024, 1748
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ECONOMY GROWTH
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Abstract
Economic growth is an increase in the production of economic goods and services in one period of time compared with a previous period. It can be measured in nominal or real terms. Traditionally, aggregate economic growth is measured in terms of gross national product (GNP) or gross domestic product (GDP), although alternative metrics are sometimes used.
Keywords
economy
growth
GDP
inflation
capitalization
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Conflict of Interest Statement
The author (s) declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.
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Submitted
18 September 2024 -
Revised
18 September 2024 -
Published
18 September 2024