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What is economic growth and why does it matter?

The Real Story

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How Long Have We Been Talking About GDP?

The way you measure GDP is in three ways. You can look at the units of production that have come out, or output from manufacturing and services. Or you can do it in terms of incomes that are distributed, actually earned in the economy. There's another measure. And there's the expenditure one. The idea is that they all come up to the same figure that don't always.

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