D. Standard of living is usually used to determine the best economic system.
They help people determine how healthy a country's economy is. To judge the overall condition of a particular country's economy-AmandaAmor They show the condition of a country's economy.
Most people would say a market economy, but it really also depends on how efficient and responsive the government really is.
united states
India
Brazil
South Africa by far.
Bangladesh
South africa
They help people determine how wealthy a country's economy is.Economy indicators are useful because they make it easier to monitor money, improvement, and change. This is important when the economy isn't doing so well.Economic indicator best describes economic activities. These can be one of three indicators namely leading indicators, lagging indicators, and coincident indicators.
market
market
The best description of the Russian economy before 1985 was a socialist economy. The socialist economy focused on the production of goods for the use of the country and humans needs and not for the accumulation of capital wealth.