If GDP is going up, the nation is experiencing
A) inflation.
B) growth.
C) an increase in demand.
D) a recession.
E) it is not possible to tell given the information provided.

Question

Quizplus · Accepted Answer

GDP (Gross Domestic Product) is a measure of the total goods and services produced in a country. An increase in GDP indicates that there is growth in the economy, meaning an increase in production and consumption.

If GDP Is Going Up, the Nation Is Experiencing