Which statement supports why GDP is a good indicator of economic growth?

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Question

Gauge Carey

Law

21 January, 16:02

Which statement supports why GDP is a good indicator of economic growth?

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+2

Answers (2)

Know the Answer?

Elian Heath · Answer 1

D.

Explanation:

GDP quantifies the production of goods and services and accurately indicates the size of the economy.

Finnegan Richard · Answer 2

the answer is D

Explanation:

Because GDP quantifies the production of goods and services and accurately indicates the size of the economy which illustrates economic growth. Several other indicators have been developed to provide a more well-rounded measure of the quality of life such as the Human Development Index.

Which statement supports why GDP is a good indicator of economic growth?es = )))

Which statement supports why GDP is a good indicator of economic growth?

es = )))