How is economic growth measured? (Econ unit 4)

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magicalwishes
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I'm going through some past econ unit 4 questions and I'm just checking if I got my answer right for the (aqa) june 2010 question 2.


Analyse how trade and investment can help to bring about economic growth.


So for trade I did a chain saying:
increase in AD - increase in output - increase in production - increase in GDP - increase in economic growth.


And for investment I did:
Increase LRAS - able to produce more and increase efficiency - lowers cop - lowers APL (supply and demand diagram) - increase AD - increase output - increase GDP - increased growth.




Just checking, is that correct?




Also, im super confused on how economic growth is actually measured. I thought it was measured by an increase in GDP so the value of goods and services produced in an economy. But some say its a result of a rise in national income?


Thanks
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Jai Paul
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National Income = RNO = RGDP
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