Register
What macroeconomic goal is Real GDP used to measure for?
116k views
5 votes
What macroeconomic goal is Real GDP used to measure for?

User Rik Renich
by
4.1k points

1 Answer

2 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 Guildner
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.1m questions

6.7m answers

Other Questions

Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Brett buys a new cell phone for​ $100. he receives consumer surplus of​ $80 from the purchase. how much does brett value his cell​ phone?
Link Copied!