Why is tracking GDP a good way to evaluate the impact of governmental decisions on society?(1 point) Responses The GDP can help track changes in employment. The GDP can help track changes in employment. The GDP can help measure the total production of goods and services around the world. The GDP can help measure the total production of goods and services around the world. The GDP can help track the stability of prices. The GDP can help track the stability of prices. The GDP is a marketplace in which stocks are bought and sold. The GDP is a marketplace in which stocks are bought and sold.

1 answer

The most relevant reason for tracking GDP to evaluate the impact of governmental decisions on society is:

The GDP can help measure the total production of goods and services around the world.

This allows governments to assess the overall economic activity and effectiveness of their policies, providing insights into how those decisions affect economic growth, productivity, and overall welfare within a society.