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Economists use changes in GDP to measure
the balance of trade with other countries.
any economic growth or shrinkage.
the causes of unemployment.
the distances between cities.
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any economic growth or shrinkage.
Explanation: Changes in GDP show how much total output (goods and services) a country produces over time, so rising GDP signals economic growth and falling GDP signals shrinkage. GDP does not directly measure the trade balance, the causes of unemployment, or physical distances.
Explanation: Changes in GDP show how much total output (goods and services) a country produces over time, so rising GDP signals economic growth and falling GDP signals shrinkage. GDP does not directly measure the trade balance, the causes of unemployment, or physical distances.
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