Economic growth is best measured by changes in:

Question

Quizplus · Accepted Answer

Real GDP, which adjusts for changes in prices, is the best measure of economic growth as it reflects the increase in production of goods and services in an economy over time. Non-adjusted GDP can be misleading due to changes in prices, while the inflation rate and unemployment rate provide information on different aspects of the economy. The number of jobs can also be a useful indicator of economic growth, but it does not capture changes in productivity per worker.

Economic Growth Is Best Measured by Changes In