OPSC 2016 Solved Paper

Economic growth is how much more the economy produces than it did in the prior period and the comparison must remove the effects of inflation. Gross domestic product is the best way to measure economic growth. That's because it takes into account the country's entire economic output. It includes all goods and services that businesses in the country produce for sale. It doesn't matter whether they are sold domestically or overseas. GDP measures final production and it increases in per capita over a period of time.