1. (3 pts.) Of the following alternatives, which is the best
measure of the economic satisfaction...
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Economics
1. (3 pts.) Of the following alternatives, which is the bestmeasure of the economic satisfaction of the
members of a society:
A. Nominal GDP
B. The rate of in
C. The value of corporate prots
D. Real GDP
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4.0 Ratings (451 Votes)
ANS D Real GDP This is so because the real GDP is the inflation adjusted value of the good and services produced in a country within a year This is a measure of the real factors of production and nominal
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