How does the economy “grow”? Where does the new money comes from?

Question

How does the economy “grow”? Where does the new money comes from?

In: 398

Answer 1

When they say an economy grows they usually use many metrics such as jobs created, standing of the local currency, exports and imports and the interest rate set by your local central bank.

Your other question as to where new money comes from is banks. Interest creates new money.