Question
Which of the following is definitely a major indication of the state of the economy of a country?
Answer: Option B
Answer: (b)Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.
Was this answer helpful ?
Answer: (b)Rate of GDP growth is a major indication of the state of the economy of a country. Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in gross domestic product.
Was this answer helpful ?
Submit Solution