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Economic activity is commonly measured as gross domestic product.

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Q: How is economic activity most commonly measured?
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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 most commonly used to monitor short-run changes in economic activity?

Real GDP


Which is the most important economic activity in Lakshadweep?

coconut plantations is the most important economic activity in lakshadweep


What is the most common economic activity in the steppe climates?

The most common economic activity in the steppe is farming.


Is shopping a economic activity?

It most certainly is.


What is heat energy measured in?

Heat energy is most commonly measured in units of calories or joules.


In biology heat energy is most commonly measured as?

Temperature.


What region in Canada has the most people and the most economic activity-?

Alberta's economy is a sum of all the economic activity in Alberta, which is Canada's fourth largest province by population.


What region and Canada has the most people in the most economic activity?

Toronto


What is the difference between economic and non-economic activity?

economic activities are done to earn more and more money. this sort of activities are not done because of love or affection but for personal intrest, whereas non economic activities are do for love, pleasure, sympathy, etc. example for economic activities are :- 1. a doctor working at his clinic 2. a carpenter working at his workshop example for non economic activities are :- 1. a child helping an old man cross the road


What is the most widespread primary economic activity today?

The most widespread primary economic activities of today is the buying and selling of government securities. This an activity that commercial & central banks engage in. The markets are operating on a 24/7 day basis.


What province in Canada has the most people and economic activity?

Ontario