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3 December, 11:06

Which of these is an indicator of increased economic growth in a nation?

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  1. 3 December, 11:15
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    Increased aggregate demand is an indicator of increased economic growth in a nation.

    Explanation:

    Economic growth of a country signifies through the purchasing capacity and the rate of demand. Increased aggregate demand of a country made the economy of a country strong and powerful. Decrease in unemployment, increase in wage opens up the way of increasing demand.

    When a country be able to fulfill the demand at its level best the equilibrium takes place between demand and supply. In a perfectly balanced economic nation there is an equilibrium between demand and supply.
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