The scale MOST often used to compare economic performance in other years is:
A) the circular-flow diagram.
B) real GDP.
C) the business cycle.
D) fiscal policy.

Question

Quizplus · Accepted Answer

Real GDP (Gross Domestic Product) is the most commonly used scale to compare economic performance in other years. Real GDP is adjusted for inflation and includes the total value of goods and services produced by a country in a given period of time. It provides a good measure of the overall economic growth and health of a country.

The Scale MOST Often Used to Compare Economic Performance in Other