If pressed to choose a single indicator of current economic performance,most economists would probably choose nominal GDP growth.

Question

Quizplus · Accepted Answer

Most economists would likely choose real GDP growth over nominal GDP growth as the best single indicator of current economic performance, because real GDP is adjusted for inflation and therefore provides a more accurate measure of the economy's actual growth in terms of the volume of goods and services produced.

If Pressed to Choose a Single Indicator of Current Economic