The advantage of real GDP as a measure is the fact that it only increases.

Question

The advantage of real GDP as a measure is the fact that it only increases.​

Kailah Johnson · Accepted Answer

Final Answer : False, Explanation :  Real GDP can both increase and decrease, as it measures the value of all goods and services produced in a country adjusted for inflation, reflecting both economic growth and contractions.

The advantage of real GDP as a measure is the fact that it only increases.

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The advantage of real GDP as a measure is the fact that it only increases.​

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Related questions

The advantage of real GDP as a measure is the fact that it only increases.