Solved

GDP Is an Important Indicator Because It Is Used as a Measure

Question 144

Multiple Choice

GDP is an important indicator because it is used as a measure of all of the following except:

A) economic growth.
B) average living standards.
C) business-cycle fluctuations.
D) average income levels.
E) environmental quality.

Related Questions

Q1: To determine living standards for the average

Q31: The government-purchases category of GDP includes spending

Q104: Consider the following data to answer the

Q113: When John buys new tires for his

Q137: Identify three reasons why GDP is not

Q139: GDP is a good,but not the best,measure

Q141: A shortcoming of using real GDP as

Q142: Nominal GDP is GDP measured in:<br>A) current

Q143: In macroeconomics<br>A) output and income are very

Q148: The contraction phase of a business cycle