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QuizMultiple Choice

Unit Test

Question 1 • Academy - Economics and Personal Finance

An increase in gross domestic product (GDP) is a sign that a country’s economy is

Answer
A
declining.
B
stagnant.
C
growing.
D
depressed.

Explanation

GDP measures the value of goods and services a country produces. When GDP increases, the economy is producing more overall, which is a sign that it is growing. Therefore, the correct choice is growing.

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