Changes in real GDP are best used to measure
A)Inflation.
B)Price level changes.
C)Business cycles.
D)Population growth.

Question

Quizplus · Accepted Answer

Changes in real GDP are best used to measure business cycles, as they reflect the overall growth or contraction of the economy over time. Inflation, price level changes, and population growth can also affect real GDP, but only as they impact the overall level of economic activity.

Changes in Real GDP Are Best Used to Measure