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30 May, 21:57

Comparing real GDP between two consecutive years is MOST useful in

determining which economic measurement?

a. equity

b. equilibrium price

C. economic growth

exchange rates

d.

exchan

+1
Answers (1)
  1. 30 May, 22:50
    0
    Answer: economic growth

    Explanation: Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It can be measured in nominal or real terms, and the factors that influenced economic growth are human resources, physical capital, natural resources and technology. Furthermore, to determine economic growth, the GDP is compared to the population, also know as the per capita income.
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Home » Social Studies » Comparing real GDP between two consecutive years is MOST useful in determining which economic measurement? a. equity b. equilibrium price C. economic growth exchange rates d. exchan
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