Economy, asked by mohammadhossain1117, 1 day ago

Critically Evaluate GDP as a measure of Economics Growth.

Answers

Answered by Anonymous

Answer:

GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time. As Nobel laureate Paul A.

Explanation:

I hope this answer help you. Follow for more answers.

Previous Question

Next Question

Similar questions

Math, 23 hours ago

36° more than four-fifths of its supplement...

Hindi, 23 hours ago

LET'S WATC H P O R N L IVE S E X B EST. P O R N HAN DSOME HUNK H ERE msaffyzcrk msaffyzcrk...

Geography, 23 hours ago

Assertion (A): GDP is not a good indicator of final value of goods and services from the suppliers side Reason (R): GVA takes into account subsidies and taxes and gives a clearer picture on the production side A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true but R is not the correct explanation of A. C) A is correct but R is wrong. D) A is wrong but...

Psychology, 1 day ago