Question

Which of the following is an effective means of measuring a nations economic health

Answer 1

GDP is the most effective means of measuring a nations economy.

Step-by-step explanation:

GDP is used to measure the health of the economy. GDP stands for Gross Domestic Product. It is sum of the value of all the goods and intangible stuff produced in an economy minus the effects of inflation. GDP per capita is a measure of the values of goods and services divided equally among every person of the country, Consumption takes the most part of the GDP. The GDP starts to slow down when the people are not increasing their productivity and lower productivity shows that the wages will not rise quickly. Low wages affect people's life.

Answer 2

The best answer to the question that is being presented above would be the GDP or Gross Domestic Product of the country. The Gross Domestic Product (GDP) is an effective means of measuring a nations economic health.