Allied Journal of Environmental Earth Sciences

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Allied Journal of Environmental Earth Sciences 44 7897 074717

Economic-Growth-Scientific-Journals

Growth is regularly intended in real terms - i.e., inflation-adjusted terms – to eliminate the altering effect of inflation on the prices of goods produced. The measurement of economic growth uses national income accounting. Meanwhile, economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the rewards and drawbacks of that measure.

The "rate of economic growth" mentions the geometric annual rate of growth in GDP among the first and the last year over a period of time. The economic growth-rates of countries are usually related [by whom?] by means of the ratio of the GDP to population (per-capita income).

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