Question

how economy is best and measure​

Answer 1

Answer:

Gross domestic product is the best way to measure economic growth. It takes into account the country's entire economic output. It includes all goods and services that businesses in the country produce for sale. The World Bank uses gross national income instead of GDP to measure growth.

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Answer 2

Countries by GDP

Countries by GDPThe different phases of economic cycles toss economies around the world. However, it’s interesting to see that these top economies don't budge easily from the positions they hold. When compared to the top 20 economies of 1980, 17 are still present on the list which means only three new entrants.

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