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What type of measurement economic indicator is gross domestic product?
Wiki User
∙ 12y ago
Gross domestic product (GDP) is a measure of total wealth in a given region.
Wiki User
∙ 12y ago
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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
Match the economic indicator with its type of measurements?
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
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 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 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
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.
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 best measurement for comparing the standard of living between two countries?
The best measurement for comparing the standard of living between two countries is the GDP in conjunction with the economic growth. GDP stands for Gross Domestic product.
What is Economic growth is a measure of the increase in?
the gross domestic product.
Why do economics measure the gross domestic product?
Economists use real GDP per capita rather than simply real GDP. This is because population growth is an important variable (per capita), and so, real GDP per capita is the more accurate measurement of the GDP.
What is the Index of Economic Freedom?
another term for gross domestic product
