Economic growth promotes a higher a. rate of production b. cost of living c. rate of consumption d. standard of living

D. standard of living

Explanation:

Economic growth is the increase in the income or value of final goods and services produced by an economy (usually from a country or region) in a given period (usually in a year).

Broadly speaking, economic growth refers to the increase of certain indicators, such as the production of goods and services, the highest consumption of energy, savings, investment, a favorable trade balance, the increase in calorie consumption per capita, etc. . The improvement of these indicators should theoretically lead to an increase in the standards of life of the population.

the money supply is the total amount of money available in the economy. how do changes in the money supply affect people and businesses?