Which of the following is not an indicator of e... - JAMB Economics 2017 Question
Which of the following is not an indicator of economic growth?
A
CPI
B
PPI
C
GDP
D
High Level of Unemployment
correct option: c
Consumer Confidence Index (CCI), measures how consumers feel about the current and future economic conditions. Money supply, is a representation of the total amount of money a country has in circulation. Employment and others such as Retail Number, Housing Starts, Manufacturing Trade Inventories and sales etc. However, GPP is not a measures of economic growth.
There are other indicators of economic growth such as; Gross domestic product which is the aggregate measure of the total economic production of a country
There are other indicators of economic growth such as; Gross domestic product which is the aggregate measure of the total economic production of a country
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