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Which of the following is not an indicator of economic growth?


Question

Which of the following is not an indicator of economic growth?

Options

A)
CPI
B)
PPI
C)
GDP
D)
High Level of Unemployment

The correct answer is D.

Explanation:

Consumer Confidence Index (CCI), measures how consumers feel about the current and future economic conditions. Money supply, is a representation of the total amount of money a country has in circulation. Employment and others such as Retail Number, Housing Starts, Manufacturing Trade Inventories and sales etc. However, GPP is not a measures of economic growth.

There are other indicators of economic growth such as; Gross domestic product which is the aggregate measure of the total economic production of a country


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Discussion (2)

  • Michelle

    But the option is gross domestic product,not GPP.

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  • Consumer Confidence Index (CCI), measures how consumers feel about the current and future economic conditions. Money supply, is a representation of the total amount of money a country has in circulation. Employment and others such as Retail Number, Housing Starts, Manufacturing Trade Inventories and sales etc. However, GPP is not a measures of economic growth.

    There are other indicators of economic growth such as; Gross domestic product which is the aggregate measure of the total economic production of a country

    Reply
    Like