The most commonly used measure of a country's economic health is the country's ________.

Question

Quizplus · Accepted Answer

The most commonly used measure of a country's economic health is its Gross Domestic Product (GDP), which is the total value of all goods and services produced within a country's borders in a specific period of time. GDP is widely used as an indicator of a country's economic growth or decline, and it can provide insight into a variety of economic trends and factors, such as consumer spending, investment, and government policies. While other measures like GNP, foreign exchange rates, cost of living, and purchasing power parity can also provide useful information about a country's economic health, GDP remains the most widely used and accepted measure.

The Most Commonly Used Measure of a Country's Economic Health