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Q: Is gross domestic product a reliable indicator of nation economic health?
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What type of measurement economic indicator is gross domestic product?

Gross domestic product (GDP) is a measure of total wealth in a given region.


What economic indicator measures the change in prices of specific goods and services?

Gross Domestic Product


What economic indicator would be most useful in figuring out whether the economy is growing quickly or slowly?

Gross domestic product


Which economic indicator can show whether a country's economy is growing or stagnating?

The GDP is neither growing nor shrinking. APEX ;]Gross Domestic Product


What is economically active?

Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.


What is Cuba's gnp?

Cuba's Gross National Product (GNP) is not readily available due to limited transparency in its economic data reporting. Cuba has traditionally used the Gross Domestic Product (GDP) as its main economic indicator.


GDP increase means positive or negative?

Positive. GDP means Gross Domestic Product and is the economic indicator for the total market value of a countries output of goods.


Match the economic indicator with its type of measurements?

Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity


Which country has a gross national happiness?

Gross National Happiness was designed in an attempt to define an indicator and concept that measures quality of life or social progress in more holistic and psychological terms than only the economic indicator of gross domestic product (GDP)


What is the full form of GDP?

The full form of GDP is Gross Domestic Product. GDP is the indicator of a country's economical status.


What is Economic growth is a measure of the increase in?

the gross domestic product.


What is the Index of Economic Freedom?

another term for gross domestic product