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JAMB Economics 2008 Objective — Question 35

Question 35 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

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Economic growth takes place when there is an increase in

  • A. savings over time
  • B. investment over time
  • C. population over time
  • D. output over timeCorrect

Explanation

Economic growth is an increase in output of an economy over time.

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