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How is GDP related to a nation's broad economic goals?

It is an indicator of efficiency
It is an indicator of growth
It is an indicator of security
It is an indicator of equity

2 Answers

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Answer:

It is an indicator of growth

Step-by-step explanation:

The Gross Domestic Product measures the actual value of the economy of a country it is analyzed as an indicator of growth as it shows how increases or decreases the value of the indicator year after year.

User Sandeep Joshi
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Answer:

B. It is an indicator of growth

Step-by-step explanation:

Gross domestic product, or GDP, is another administration measurement that is precarious to gauge business performance. However, ostensible GDP will, in general, ascent with the cash supply. Genuine GDP, balanced for swelling, does not follow as neatly and depends considerably more on the profitability of monetary operators and organizations.

As per the standard macroeconomic theory, an expansion in the stock of cash should bring down the financing costs in the economy, prompting more utilization and loaning/obtaining.

User Phatnhse
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