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Bas_tet [7]
3 years ago
12

Which are indicators that economists use to measure how an economy grows? Select all that apply.

Social Studies
1 answer:
PSYCHO15rus [73]3 years ago
8 0
There is a number of indicators to measure the growth of the economy, among them the most important are: 

GDP:
Gross Domestic Product. it measures the value of all the goods and services produced in the country. 

Because some of the GDP can come from a foreign-owned companies, people also introduced:
GNP: Gross National product, measuring the value of produce by a country (whether in or abroad)

Some other indicators are: 

Unemployment Rate
and the rate of inflation

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Kindly check explanation

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