Accurate measurement of GDP is important to business decision-makers because this information will help them better determine the
A) general happiness of a country's citizens.
B) course of the economy and the direction of demand for their products.
C) economic well-being of a particular group within a country.
D) amount of leisure time available and the quality of life in a country.

Question

Quizplus · Accepted Answer

Accurate measurement of GDP helps business decision-makers determine the course of the economy and the direction of demand for their products, which can guide their business strategy and investment decisions. It does not provide information about general happiness or quality of life, or the economic well-being of specific groups within the country.

Accurate Measurement of GDP Is Important to Business Decision-Makers Because