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Paper 2Structured Questions1 marks
Economic indicators are essential for assessing a country's performance.
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Economic Growth Measurement
Real GDP and GDP per capita are two key indicators used to measure economic growth. Real GDP reflects the total value of goods and services produced, adjusted for inflation, while GDP per capita divides this figure by the population to assess average economic output per person.
- a[1]
State the two main indicators used to measure economic growth.
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