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What macroeconomic goal is Real GDP used to measure for?
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6 votes
6 votes
What macroeconomic goal is Real GDP used to measure for?

User George Birbilis
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1 Answer

9 votes
9 votes

Answer:

"Economic growth " would be the correct answer.

Step-by-step explanation:

  • Throughout a particular year, real GDP tests the overall production as well as commodities of the economy, including light of the price adjustments.
  • People should measure or equate GDP throughout the year as inflation would be factored into the equation which would be a fair predictor about wherever the market cycle goes.

Thus the above is the right answer.

User Artaxerxe
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