Which is a better indicator of measurement of the economic health of a Nation? Why?
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6
Answer:
GDP. The gross domestic product, or GDP, of an economy provides the overall value of the goods and services it produces and indicates whether an economy is growing or slowing
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29
Explanation:
Gross Domestic Product measures the value of goods and services produced by a nation. Gross National Product measures the value of goods and services produced by a nation (GDP) and income from foreign investments. Some economists posit that total spending is a consequence of productive output.
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