Question : What is a good indicator to identify the effect of policies on the industrial sector?
Option 1: Rise in capital formation.
Option 2: Rise in the share of the Industry sector in the GDP.
Option 3: Rise in banking services.
Option 4: Rise in imports.
Correct Answer: Rise in the share of the Industry sector in the GDP.
Solution : The correct option is the Rise in the share of the industry sector in the GDP .
A rise in the share of the industrial sector in GDP is a good indicator of policy effects. It signifies increased industrial output, investments, and economic growth, reflecting the sector's robustness. Policymakers often use this metric to assess the success of policies aimed at promoting industrial development and overall economic progress.
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