Which of the following is the best indicator of the performance of the national economy?
A)the federal government budget deficit
B)the stock of capital goods (machinery)in the nation
C)the size of the nation's stock of money
D)the balance of trade with other nations
E)the flow of new goods and services produced in the nation

Question

Quizplus · Accepted Answer

The flow of new goods and services produced in the nation is the best indicator of the performance of the national economy because it reflects the level of economic activity and measures the growth of output over time. GDP is a measure of the total value of goods and services produced by a country over a certain period and is widely used as an indicator of economic performance.

Which of the Following Is the Best Indicator of the Performance