✅Economic growth is the increase in a country's ability to produce goods and services.
💰Gross Domestic Product (GDP) measures the monetary value of final goods and services produced within a country.
📈Real GDP adjusts GDP for inflation and reflects the same purchasing power over time.
🌍Economic growth is a long-term trend, reflecting a nation's GDP rising over time.
⬆️The growth rate of real GDP is the rate of increase from one year to the next.