Question

GPD gross domestic product is supposed to indicate economy health because it is supposed to rise when

Answer 1

there is an increase in the production of goods and services within a country. When the GDP is rising, it typically suggests that the economy is growing and that businesses are expanding, investing, and creating more job opportunities. A higher GDP also indicates an increase in consumer spending, which can further stimulate economic growth. Additionally, a rising GDP may reflect improvements in living standards and increased per capita income for individuals within the country.