Which of the Following Variables Is Used to Measure Economic

question 21

Multiple Choice

Which of the following variables is used to measure economic growth?

• A) nominal GDP
• B) nominal GDP per capita
• C) real GDP
• D) real GDP per capita

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Definitions:

Categorization

The process by which ideas and objects are recognized, differentiated, and understood.

Communicate Meaning

Communicating meaning involves the process of sharing or conveying interpretations, emotions, intentions, or information between individuals.

Grammatically Sensible Sentences

Sentences that are structured in accordance with the rules and conventions of grammar, making them easily understandable.

Distinctive Speech Sounds

Refers to phonemes, the smallest units of sound in a language that differentiate meaning.