Why is tracking GDP a good way to evaluate the impact of governmental decisions on society?
(1 point)
The GDP can help track changes in employment.
The GDP can help measure the total production of goods and services around the world.
The GDP is a marketplace in which stocks are bought and sold.
The GDP can help track the stability of prices.
The correct answer is: The GDP can help measure the total production of goods and services around the world.
Tracking GDP is a good way to evaluate the impact of governmental decisions on society because GDP measures the total production of goods and services in an economy. When governmental decisions are made, they can have an impact on the overall economic activity, which can be reflected in changes in GDP. By tracking GDP, policymakers can assess whether their decisions have led to increased or decreased economic output, and therefore have a better understanding of their impact on society.