Economy, asked by alamgirian243, 9 months ago

how gross domestic product help in the growth of an economy​

Answers

Answered by mragendra050481
1

Answer:

Real GDP. ... GDP is important because it gives information about the size of the economy and how an economy is performing. The growth rate of real GDP is often used as an indicator of the general health of the economy. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well.

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Answered by gayatrirai2423
11

Answer:

GDP is important because it gives information about the size of the economy and how an economy is performing.

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