rheaallison1 rheaallison1

18-05-2024
Business

Answered

Why do economists monitor GDP over a length of time?
to determine changes in the size and health of the economy
to determine changes in how many people are looking for work
to determine changes in quantity and quality of goods and services
Oto determine changes in the rate at which something is produced

Answer :

GinnyAnswer GinnyAnswer

18-05-2024

Final answer:

Economists monitor GDP over time to assess the health of the economy, with GDP growth indicating prosperity and falling GDP suggesting economic challenges.

Explanation:

Economists monitor GDP over a length of time to determine changes in quantity and quality of goods and services, which provides insights into the health of the economy. GDP growth indicates prosperity and economic strength, while falling GDP can signal a recession or depression. Real GDP is used to measure total output adjusted for price changes.

Learn more about Gross Domestic Product (GDP) here:

https://brainly.com/question/33854874

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