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3. Growth (Macroeconomics)

mgroupfx

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Growth measures the health of an economy through the increase in the goods and services produced

GDP (Gross Domestic Product) measures value of goods and services within a country

International trade balance which measures the difference between imports and exports

Retail sales measures growth through consumer expenditure and is used to access the direction of an economy

Economic growth is the most watch economic indicator because it enables increased living standards, improved tax revenues and help create new jobs
 

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