GDP ? is used to monitor the performance of the overall economy but is not the s

Question

GDP ?

is used to monitor the performance of the overall economy but is not the single best measure of a society’s economic well-being.

b.

is not used to monitor the performance of the overall economy but is the single best measure of a society’s economic well-being.

c.

is not used to monitor the performance of the overall economy and is not the single best measure of a society’s economic well-being.

d.

is used to monitor the performance of the overall economy and is the single best measure of a society’s economic well-being.

is used to monitor the performance of the overall economy but is not the single best measure of a society’s economic well-being.

b.

is not used to monitor the performance of the overall economy but is the single best measure of a society’s economic well-being.

c.

is not used to monitor the performance of the overall economy and is not the single best measure of a society’s economic well-being.

d.

is used to monitor the performance of the overall economy and is the single best measure of a society’s economic well-being.

Explanation / Answer

Answer

Option d

is used to monitor the performance of the overall economy and is the single best measure of a society’s economic well-being

The GDP measures final goods and services in the economy for a period of time and that is the best measure of economic performance other things cannot be measured properly so other are not best measures.

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