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determine whether they are expanding or contracting

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Q: How we measure economic performance?
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What is the economic function of profits and losses?

The economic function of profits and losses is to determine the performance of a company. This is what will contribute to the overall measure of the economy in a region.


Gross demestic product?

Gross Domestic Product is a basic measure of a country's overall economic performance.


What is The single most important measure of the economy's overall economic performance?

Gross Domestic Product (GDP)


What is the value of the goods and services produced by an economy is called?

Gross National Product (GNP) is a measure of a country's economic performance.


How might a leader's ability to carry out building projects be used to measure economic performance?

because a leader can do everything they want for the kingdom


How can one measure the performance of a Website?

One can measure the performance of a website with a number of different tools. One can measure the performance of a website using programs such as PageSpeed, YSlow, and Apache JMeter.


Why is Real GDP is preferred to nominal GDP as a measure of economic performance?

nominal GDP uses current prices and thus may over- or understate true changes in output.


How does a batting average measure a player's performance?

how does a batting average measure a picther performance


Which economic indicator does not measure economic growth?

Unemployment rate


How do you measure an economies performance?

Income


Managers are evaluated primarily on the business'?

Economic performance


How do you measure company performance?

You can measure a company's performance by assessing their financial position. There are many financial ratios that can be used to see if a company is performing.