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27 October, 16:54

Which of the following is an indicator of economic growth? A. literacy rate B. standard of living C. life expectancy D. gross domestic product

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  1. 27 October, 16:59
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    (D)

    GDP is an important concept regarding the wealth produced by the economic activities of a given country. It is an economic indicator that corresponds to all the final goods and services produced by an economy in a certain period of time.

    GDP is the economic indicator most used to measure the wealth of a nation and also serves as a benchmark for measuring public investments. For example, it is usually said that a country invests a percental value of GDP in education, health, or that it spends so much of GDP with the judiciary.
  2. 27 October, 17:23
    0
    D gross domestic product
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