GDP is significant because it provides information on the size and performance of an economy. The real GDP growth rate is frequently used as a gauge of the economy's overall health. An increase in real GDP is viewed as an indication that the economy is performing well in general.
Your answer is A. True
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Answer:
This statement is TRUE.
Explanation:
To enhace the monopoly power of a seller, means that one seller can monopolize or have more power over the market of certain products. What advertising does when succeeding is promoting one brand, generating consumers to buy only that same brand.
The consumer´s loyalty generates the monopoly of the market, making consumers only choose this same brand. This is why advertising is so powerfull and afects directly on the economy.
