contestada

Which of the following is a measure of economic growth that is most useful for measuring changes in the overall size of an economy?a. growth in nominal GDPb. decreases in the rate of unemploymentc. increases in real GDP

Respuesta :

Answer:

Option (C) is correct.

Explanation:

Real GDP of a particular nation indicates the exact economic growth in a nation. It measures the economic output of a nation after adjusted for all the changes occured in the price level. Real GDP is more accurate and useful in defining the economic growth of a nation as compared to the nominal GDP because real GDP takes into the effect of inflation and deflation.