The amount of change from one year to the next in GDP indicates how much that country's economy is growing.

Question

Quizplus · Accepted Answer

The change in GDP from one year to the next reflects the rate of economic growth, meaning that if there is a significant increase in GDP, it indicates that the economy is growing. On the other hand, if there is a decrease in GDP, it suggests that the economy is contracting. Therefore, the statement is true.

The Amount of Change from One Year to the Next