Question : Which of the following is considered a good indicator of economic growth?
Option 1: The steady increase in loan
Option 2: Steady increase in international trade
Option 3: Steady increase in population
Option 4: The steady increase in the GDP
Correct Answer: The steady increase in the GDP
Solution : The correct option is a Steady increase in the GDP .
A steady increase in Gross Domestic Product (GDP) over time is generally considered a positive sign for an economy. GDP measures the total value of all goods and services produced within a country's borders during a specific period. When GDP consistently grows, it indicates that the economy is expanding and more goods and services are being produced.
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