domoniqueharris31 domoniqueharris31
  • 12-01-2022
  • History
contestada

Why do economists use gross domestic product to measure a country's
economy?

Respuesta :

kidusa420
kidusa420 kidusa420
  • 12-01-2022

Answer:

economists can use Gross domestic product to measure the country’s health by comparing the current Gross domestic product against past numbers. If the number is growing, then the economy has become more productive. If the number is shrinking, then the economy has become less productive. This comparison can be especially insightful when conducted over a long period, as it allows for long-term trends to emerge.

Answer Link

Otras preguntas

What does Crossing Over cause?
Which word is an antonym of the word brittle, as in "The cookies baked for too long and are now crumbly and brittle"?A. manyB. stiffC. fewD. bendable Which word
A sample of a radioactive material decays over time. Please help!!!
ANOTHER 99!!!!!! What is the wavelength of a sound wave that has a speed of 340 m/s and a frequency of 520 Hz?
PLZ HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! If f(x) = 3x2 - 2x + 5, find f(-2).
Which of the following is the same as 2.3 × 103?       A. 230  B. .023  C. .23  D. 2,300​
The height of certain banner is equal to one third of its length, If the banner is 5 feet tall, write an equation that can be used to find the banner’s length,
The capture of __________ for slavery became the early economic basis of the Carolina colony.
Help pleaseeeeeeeeee
Which of these human behaviors has the least potential to harm the environment ?