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

Question

Quizplus · Accepted Answer

Real GDP growth is one of the most widely used indicators of economic performance by economists. It measures the total value of goods and services produced by a country during a specific period, adjusted for inflation. However, it is not the only indicator used by economists, as other factors such as employment rate, consumer spending, inflation, and trade balance also play a role in assessing economic performance.

If Pressed to Choose a Single Indicator of Current Economic