asked 111k views
0 votes
An increase in gross domestic product (GDP) is a sign that a country’s economy is

2 Answers

5 votes

The economy is growing

answered
User Gustavogbc
by
8.4k points
2 votes

An increase in GDP is a sign that the economy is growing. GDP is the way to measure the total amount of market value of goods and services produced in a country, usually in the lapse of a year. When this monetary measure increases it means the total production of the country increased respect to the previous year.

answered
User Mrswmmr
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.