JAMB Economics 2011 Objective — Question 35

Question 35 of 49 from the Joint Admissions and Matriculation Board (JAMB) Economics 2011 Objective paper, with the correct answer and a full explanation.

An indicator of growth over a period of time is the

A. A. GDP at factor cost
B. B. GDP at market priceCorrect
C. C. GDP deflator
D. D. GDP gap

Explanation

Economic growth is a sustained increase in output. The GDP at market price is used to measure the growth.

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